Moore Appraisals, Inc provides honest and ethical appraisals for Lake County

Honesty and Integrity: Moore Appraisals, Inc

We think of what we do as a profession. The rigors of becoming a licensed appraiser have become more difficult than ever before. So 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 have a strict ethical code.

An appraiser's main obligation is to their client. Generally, in residential practice, 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. It's important to know that certain matters pertaining to an assignment are to be discussed with the appraiser's client. So, as a homeowner, if you would like a copy of the appraisal document, you generally should get it from your lender.

Other responsibilities include numerical accuracy depending on the assignment parameters, reaching and maintaining a respectable level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics is what we do every day at Moore Appraisals, Inc.

Appraisers will often be obligated to consider the interests of third parties, including homeowners, both sellers and buyers, or others. Typically the third parties are specifically defined in the appraisal report. An appraiser's fiduciary role is restricted to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.


	Moore Appraisals, Inc has an established track record for producing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical standards that have nothing to do with clients and others. For example, appraisers must backup their work files for a minimum of five years - something else Moore Appraisals, Inc makes a part of their standard routine.

We require the highest professional integrity possible from ourselves. Accepting orders where our fee is dependent on our value conclusion is not something we can consider. That is, we can't agree to do an appraisal report and collect the fee only if the loan closes. There's an obvious conflict of interest if an appraiser can report a larger value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly states a violation in ethics 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" as well as other situations. We diligently follow these rules to the letter which means you can be assured we are working hard to provide an unbiased determination of the home or property value.

With Moore Appraisals, Inc, you can be assured of 100 percent ethical, professional service.