White Tiger Appraisals, Inc. provides honest and ethical appraisals for Lake County

White Tiger Appraisals, Inc. maintains the highest professional ethics

Generally, appraising is a long term career. Requirements to become a licensed appraiser have increased more than ever before. So it goes without question in this day and age that real estate appraisal can certainly be called a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.

We have quite a few obligations as appraisers, but above everything we answer to our clients. Most of the time, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. It's important to know that many elements pertaining to an assignment are to be discussed exclusively with the appraiser's client. As a homeowner, if you would like to obtain a copy of an appraisal report, you generally have to obtain it via your lender.

Other obligations include numerical accuracy depending on the assignment's nature, reaching and sustaining an adequate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at White Tiger Appraisals, Inc., we take these ethical responsibilities very seriously.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, such as homeowners, buyers and sellers, or others. Typically the third parties are specifically defined in the appraisal report. An appraiser's fiduciary duty is only to those third parties who the appraiser knows, based on the scope of work or other written parameters of the job.


	White Tiger Appraisals, Inc. has worked hard for its track record for providing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have rules outside of boundaries of clients and others. For example, appraisers must keep their work files for at least five years - at White Tiger Appraisals, Inc. you can rest assured that we adhere to that rule.

White Tiger Appraisals, Inc. holds itself to the industry standards and guidelines set in place for professional behavior. We can't accept anything less from ourselves. Accepting assignments where our fee is dependent on our value conclusion is never an option. That means we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. It should be apparent to anyone that inflating a value to achieve what amounts to a higher fee is unethical! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") explicitly defines a violation in ethics 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 doing everything we can to get you an accurate home or property value.

As soon as you request an appraisal from White Tiger Appraisals, Inc., we'll make sure you're getting the professional service you deserve along with the business principles we're known for.