Abandy & Associates Appraisal Services provides honest and ethical appraisals for San Bernardino County

Honesty and Integrity: Abandy & Associates Appraisal Services

Appraising is a profession, and appraisers are professionals. The rigors of becoming a licensed appraiser have increased more than ever in the past. That's why it goes without question in this day and age that real estate appraisal can certainly be called a profession rather than a trade. As with any profession we must follow strict ethical considerations.

The appraiser's main obligation is to their client. Typically, for a standard residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Consequently, appraisers are typically limited to only disclosing their findings to their clients, so as a homeowner, if you desire to review the appraisal document, you normally have to request it via your lender instead of the appraiser.

Other responsibilities include numerical accuracy depending on the assignment parameters, reaching and sustaining a respectable level of competency and education, and of course, the appraiser must behave in a professional manner. Here at Abandy & Associates Appraisal Services, we take these ethical responsibilities very to heart.

In some cases appraisers will have fiduciary responsibilities to third parties, such as homeowners, both buyers and sellers, or others. Those third parties normally are defined in scope of the appraisal assignment itself. An appraiser's fiduciary duty is limited to those parties who the appraiser is aware of, based on the scope of work or other things in the framework of the assignment.


	Abandy & Associates Appraisal Services has worked hard for its reputation for producing appraisals with the highest of ethics. To learn more, contact us.

There are also ethical standards that have nothing to do with clients and others. For example, appraisers must keep their work files for a minimum of five years - at Abandy & Associates Appraisal Services you can rest assured that we abide by that rule.

We require the highest ethical standards possible from ourselves. Doing orders where our fee is dependent on our value conclusion is never an option. In other words, we can't agree to do an appraisal report and collect payment on the contingency of the loan closing. Anyone should be able to see that inflating a value to achieve a bigger paycheck is unethical! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice also describes unethical behavior as the acceptance of an assignment that is contingent on "the reporting of a pre-determined result (e.g., opinion of value)", "a direction in assignment results that favors the cause of the client", or "the amount of a value opinion" in addition to other situations We follow these rules to the letter which means you can be confident we are working hard to objectively determine the home or property value.

With Abandy & Associates Appraisal Services, you can be assured of 100 percent ethical, honest service.