Karen Castaneda Appraisals upholds the utmost professional ethics

An appraiser's chief obligation is to their client. Typically, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Subsequently, appraisers are typically restricted to only disclosing their findings to their clients, so as a homeowner, if you want to obtain a copy of an appraisal report, you normally have to request it through your lender and not the appraiser.

Other responsibilities include numerical accuracy depending on the assignment's nature, acquiring and sustaining an appropriate level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics is just normal course of business for us at Karen Castaneda Appraisals.

In some cases appraisers will have fiduciary responsibilities to third parties, such as homeowners, buyers and sellers, or others. Those third parties normally are listed in the appraisal assignment itself. An appraiser's fiduciary responsibility is restricted to those third parties who the appraiser knows, based on the scope of work or other written parameters of the order.

	Karen Castaneda Appraisals has an established reputation for providing competent and ethically superior appraisals. Contact us today to learn more.

Appraisers also have rules outside of boundaries of with whom we share information For example, appraisers must backup their work files for at least five years - something else Karen Castaneda Appraisals diligently adheres to.

Karen Castaneda Appraisals holds itself to the industry standards and guidelines set in place for ethics. We won't accept anything less from ourselves. Accepting assignments where our fee is dependent on our value conclusion is never an option. In other words, we can't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's an obvious conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice clearly describes 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" in addition to other situations We diligently follow these rules to the letter which means you can rest easy knowing we are doing everything we can to provide an unbiased determination of the home or property value.

With Karen Castaneda Appraisals, you can be assured of 100 percent ethical, honest service.