Sanborn Appraisal Services, LLC provides honest and ethical appraisals for Chippewa County

For honest and ethical appraisals, count on Sanborn Appraisal Services, LLC

We think of what we do as a profession. Requirements to become 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 definitely be considered a profession as opposed to a trade. As with any profession we have a strict ethical code.

We have a great deal of obligations as appraisers, but our primary duty is to our clients. Normally, 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 hired in order to maintain independence. Appraisers are privy to a lot of data, and like an attorney, can only discuss many of these matters with their client. As a homeowner, if you would like a copy of an appraisal report, you generally should request it via your lender and not the appraiser.

Other obligations include accurate figures appropriate to the nature of the assignment, acquiring and sustaining a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Sanborn Appraisal Services, LLC, we take these ethical responsibilities very to heart.

In some cases appraisers will have fiduciary responsibilities to third parties, including homeowners, both buyers and sellers, or others. Generally the third parties are specifically 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 things in the framework of the order.


	Sanborn Appraisal Services, LLC has an established reputation for providing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical rules that have nothing to do with clients and others. For example, appraisers must keep their work files for a minimum of five years - at Sanborn Appraisal Services, LLC you can rest assured that we adhere to that rule.

We only perform to the highest ethical standards possible. Doing assignments based on contingency fees is never an option. That is, we don't agree to do an appraisal report and collect the fee only if the loan closes. There's a definite 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 explicitly defines a violation in ethics 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" as well as other situations. We diligently follow these rules to the letter which means you can be confident we are doing everything we can to objectively determine the home or property value.

With Sanborn Appraisal Services, LLC, you won't have any doubts that you're receiving 100 percent ethical, professional service.