TFW Appraisal Services provides honest and ethical appraisals for Anderson County

TFW Appraisal Services maintains the utmost professional ethics

We consider what we do as a profession. The rigors of becoming a licensed appraiser have increased more than ever before. So it goes without question these days that real estate appraisal can definitely be considered a profession rather than a trade. As with any profession we have a strict ethical code.

The appraiser's chief responsibility is to their client. Generally, for a standard residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Appraisers have certain duties of privacy to their clients, plus many rules and regulations that must be followed. As a homeowner, if you would like a copy of the appraisal document, you generally should get it from your lender and not the appraiser.

Other responsibilities include accurate figures appropriate to the scope of the assignment, attaining and maintaining a respectable level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics and client confidentiality is just normal course of business for us at TFW Appraisal Services.

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 duty 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.


	TFW Appraisal Services has an established track record for producing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have duties outside of boundaries of clients and others. For example, appraisers must store their work files for at least five years - at TFW Appraisal Services you can rest assured that we adhere to that rule.

TFW Appraisal Services holds itself to the industry standards and rules set in place for professional behavior. We can't accept anything less from ourselves. Working on assignments based on contingency fees is never an option. That is, we can't agree to do an appraisal report and collect the fee only if the loan closes. It should be obvious that inflating a value to achieve essentially a bigger paycheck is unethical! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice explicitly 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" as well as other situations. We follow these rules to the letter which means you can rest easy knowing we are working hard to objectively determine the home or property value.

As soon as you engage TFW Appraisal Services, we'll make sure you're getting the professional service you expect along with the honesty and integrity we're known for.