Twin City Appraisal Service provides honest and ethical appraisals for Tippecanoe County

For honest and ethical appraisals, rely on Twin City Appraisal Service

We think of what we do as a profession. The rigors of becoming a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can certainly be called a profession as opposed to a trade. As with any profession we must follow strict ethical considerations.

An appraiser's chief responsibility is to their client. Generally, for a standard 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 hired in order to maintain independence. Certain elements pertaining to an assignment are to be shared exclusively with the appraiser's client. As a homeowner, if you would like to review an appraisal report, you normally should obtain it through your lender instead of the appraiser.

Other responsibilities include accurate figures appropriate to the parameters of the report, reaching and maintaining an adequate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Twin City Appraisal Service, we take these ethical responsibilities very to heart.

Appraisers will frequently be obligated to consider the interests of third parties, including homeowners, both buyers and sellers, or others. Those third parties normally are spelled out in scope of the appraisal assignment itself. An appraiser's fiduciary duty is limited to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.


	Twin City Appraisal Service has an established track record for completing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have standards outside of boundaries of clients and others. For example, appraisers must backup their work files for a minimum of five years - at Twin City Appraisal Service you can rest assured that we stick to that rule.

We require the highest ethical standards possible from ourselves. Working on orders where our fee is dependent on our value conclusion is never an option. That means we are not able to agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. There's certainly a conflict of interest if an appraiser can report a greater value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice clearly 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" 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 Twin City Appraisal Service, you can be assured of 100 percent ethical, honest service.