Pacheco Appraisals provides honest and ethical appraisals for Butte County

Honesty and Integrity: Pacheco Appraisals

Appraising is a profession, and appraisers are professionals. The rigors of becoming a licensed appraiser have increased more than ever in the past. That's why it goes without question these days that real estate appraisal can unquestionably be dubbed a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.

The appraiser's main obligation is to their client. Typically, for a standard residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. It follows that appraisers have certain duties of privacy to their clients, plus many rules and regulations to which we must adhere. So, as a homeowner, if you would like a copy of an appraisal report, you normally have to get it through your lender and not the appraiser.

Other obligations include numerical accuracy depending on the scope of the assignment, attaining and maintaining a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Pacheco Appraisals, we take these ethical responsibilities very seriously.

Appraisers may regularly have fiduciary obligations to third parties, including homeowners, sellers and buyers, or others. Those third parties normally are defined in the appraisal assignment itself. An appraiser's fiduciary role is limited to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.


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

Appraisers also have standards outside of boundaries of with whom we share information For example, appraisers must backup their work files for at least five years - something else Pacheco Appraisals makes a part of their standard routine.

Pacheco Appraisals holds itself to the industry standards and rules set in place for ethics. We refuse to accept anything less from ourselves. Doing orders where our fee is dependent on our value conclusion is not something we can consider. That means we don't agree to do an appraisal report and collect payment on the contingency of the loan closing. Anyone should be able to see that inflating a value to achieve essentially a higher fee is unethical! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly states 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" in addition to 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.

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