That's a common question that is asked of appraisers every day. Lenders and borrowers don't want to waste their time and money on loans that won't "Appraise Out". Comp Searches (pre-appraisal market value opinions) may also seem like good "Customer Service".

That may appear to be true on the front-end, but those "searches" back-up appraisal production on the back-end (causing delays in appraisal delivery) and generally it's expected that the appraiser will not be compensated for THEIR time!. Also . . Did you know that checking "comps" and providing an "estimate" of a home's value prior to receiving the appraisal order MAY put the appraiser in violation of the Uniform Standards of Professional Appraisal Practice (USPAP) and jeopardize their state license?

AppraiserPlus prepares all appraisals in compliance with USPAP and State Appraisal Licensing laws. This protects you, us, and the property owners. USPAP Advisory Opinion 19 provides some excellent examples and references on this and other "Unacceptable Appraisal Assignment Conditions" .

"BUT ALL OF MY OTHER APPRAISERS DO IT!"

Yes, every profession has inexperienced or unethical members that are willing to do just about anything for a buck. Professional organizations are doing what they can to crack down on illegal and unethical appraisal practices.

AppraiserPlus, ONLY accept assignments that we are qualified to perform and in locations that we are familiar with and have complete market data resources. We do NOT accept assignments "contingent" upon arriving at a particular value.

"SO, WHAT DO i DO NOW?"

Here are a couple of free comp search sources.  Although these models do not take the place of a professional appraisal, they may give you an idea of what similar properties are selling for in your market.  Please be advised that the information provided with this link is NOT and appraisal and may be misleading.

(By clicking on these links you agree to the following terms & conditions and you are now leaving our web site. Any information obtained from the use of these links is not an appraisal,  may not be accurate, and is not provided by our company. An appraisal of a property requires determination of scope of work, comp research & analysis, and a written unbiased opinion of value by a licensed or certified appraiser. Any information or opinion obtained by the use of these links is the sole responsibility of that web site and the user of the web site and is not affiliated or endorsed by AppraiserPlus  We may not agree with the conclusions you reach from this web site or any other web site. The user has read and agrees to USPAP Advisory AO-19.  Also, these free services do not account for items such as condition, quality, location, views, ect.  This is why it is important to have a physical inspection done by a Certified and qualified appraiser from AppraiserPlus.)

When an appraiser provides a possible value range, they have performed a legal appraisal which is subject to all the Uniform Standards of Professional Appraisal Practice (USPAP).

All AppraiserPlus appraisals are compliant with USPAP

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