For honest and ethical appraisals, count on Hub Appraisal

We have a lot of responsibilities as appraisers, but our chief duty is to our clients. Normally, for a normal 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. Appraisers have certain duties of privacy to their clients, plus strict rules and regulations to which we must adhere. So, as a homeowner, if you desire a copy of the appraisal document, you normally should get it from your lender and not the appraiser.

Other responsibilities include numerical accuracy depending on the assignment parameters, reaching and keeping an adequate 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 Hub Appraisal.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, such as homeowners, buyers and sellers, or others. Generally the third parties are clearly defined in the appraisal report. An appraiser's fiduciary role is restricted to those parties who the appraiser is aware of, based on the scope of work or other things in the framework of the job.

	Hub Appraisal has worked hard for its reputation for performing appraisals with the highest of ethics. Contact us today to learn more.

Appraisers also have rules outside of boundaries of with whom we share information For example, appraisers must store their work files for at least five years - at Hub Appraisal you can rest assured that we stick to that rule.

We require the highest professional integrity possible from ourselves. Working on orders based on contingency fees is not something we can consider. That means we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. Anyone should be able to see that inflating a value to achieve a higher fee is unethical! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice explicitly states unethical behavior as accepting 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.

When you engage Hub Appraisal, we'll make sure you're getting the professional service you deserve along with the principles we're known for.