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In accordance with the Ethics Rules of
USPAP that reads “it is unethical for an appraiser to accept an assignment, or
to have a compensation arrangement for an assignment that is contingent on any
of the following: 1. the reporting of a predetermined value 2. A direction in
assignment results that favors the cause of the client.
3. The amount of a value opinion
4. The attainment of a stipulated result or 5.
The occurrence of a subsequent event directly related to the appraisers
opinions and specific to the assignments purpose.
It is for this reason that all fees are
non-refundable; regardless of value reported or conditions placed on the
property for repairs or inspection.
PLEASE CALL THE BORROWER AHEAD OF TIME
SO OUR CALL IS EXPECTED; REMIND THEM THAT ONLY CASH OR MONEY ORDERS ARE ACCEPTED
FROM BORROWERS.
***FOR
ALL PURCHASES IT IS REQUIRED THAT A COPY OF THE SALES AGREEMENT AND T.D.S. BE
MADE AVAILABLE TO THE APPRAISER FOR HIS FILES. ALL PROPOSED PROPERTIES REQUIRE A
SET OF PLANS & SPECS AND COST ESTIMATES FOR CONSTRUCTION THAT WILL BE KEPT
IN THE APPRAISERS FILE.***
THIS
ORDER IS SUBJECT TO ACCEPTANCE BY THE APPRAISER AND THE TERMS OF THE ENGAGEMENT
LETTER. BY ORDERING THIS APPRAISAL YOU ARE AGREEING TO BOTH THE ORDER AND
ENGAGEMENT LETTER TERMS.
LETTER
OF ENGAGEMENT FOR APPRAISAL SERVICES (PDF)
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