Loveland Properties and Appraisal provides honest and ethical appraisals for Cumberland County

Honesty and Integrity: Loveland Properties and Appraisal

Appraising is, by and large, a long term career. The rigors of becoming a licensed appraiser have increased more than ever in the past. So it goes without question in this day and age that real estate appraisal can unquestionably be called a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.

An appraiser's primary responsibility is to their client. Normally, for a regular residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Subsequently, appraisers have certain duties of confidentiality to their clients, plus many rules and regulations to which we must adhere. As a homeowner, if you desire a copy of the appraisal document, you generally have to obtain it from your lender.

Other responsibilities include accurate sums appropriate to the parameters of the assignment, reaching 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 Loveland Properties and Appraisal.

Appraisers will often be required to consider the interests of third parties, such as homeowners, sellers and buyers, or others. Typically the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary duty is only to those parties who the appraiser knows, based on the scope of work or other written parameters of the job.

Loveland Properties and Appraisal has worked hard for its track record for performing 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 backup their work files for a minimum of five years - at Loveland Properties and Appraisal you can rest assured that we stick to that rule.

We demand the highest professional integrity possible from ourselves. Doing orders based on contingency fees is never an option. In other words, we are not able to 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 a greater value with the reward of getting paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice clearly describes unethical behavior 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 get you an accurate home or property value.

With Loveland Properties and Appraisal, you can be assured of 100 percent ethical, professional service.