First Choice Appraisal Service (219) 863-7711 provides honest and ethical appraisals for Jasper County

First Choice Appraisal Service (219) 863-7711 upholds the utmost professional ethics

Appraising is a profession, and appraisers are professionals. Requirements to become a licensed appraiser have increased more than ever before. So it goes without question in this day and age that real estate appraisal can definitely be called a profession rather than a trade. As with any profession we have a strict ethical code.

We have many obligations as appraisers, but our chief duty is to our clients. Generally, for a regular residential appraisal, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has contracted in order to maintain independence. Thereon, appraisers have certain duties of confidentiality to their clients, plus strict rules and regulations controlling with whom we share information. So, as a homeowner, if you want to obtain a copy of an appraisal report, you generally should get it through your lender.

Other obligations include accurate figures appropriate to the scope of the report, attaining and maintaining a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics is just normal course of business for us at First Choice Appraisal Service (219) 863-7711.

Appraisers will frequently need to consider the interests of third parties, such as homeowners, sellers and buyers, or others. Generally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary responsibility is restricted to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.


	First Choice Appraisal Service (219) 863-7711 has an established track record for performing 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 be able to produce their work files for a minimum of five years - at First Choice Appraisal Service (219) 863-7711 you can rest assured that we abide by that rule.

First Choice Appraisal Service (219) 863-7711 holds itself to the industry standards and mandates set in place for professional behavior. We refuse to accept anything less from ourselves. Accepting orders based on contingency fees is never an option. That is, we don't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's a definite conflict of interest if an appraiser can report a greater value and then get paid more money! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly defines 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 diligently follow these rules to the letter which means you can be assured we are doing everything we can to provide an unbiased determination of the home or property value.

When you order an appraisal from First Choice Appraisal Service (219) 863-7711, we'll make sure you're getting the professional service you deserve along with the honesty and integrity we're known for.