Trust Appraisals & Estate Appraisals

There are several reasons why an estate or trust appraisal could be necessary:

Whether you are an attorney, a CPA, an executor of an estate, or a bereaved relative, the importance of an appraisal valuation and the sensitive nature of the client/appraiser relationship cannot be underestimated.  You can count on Scudero Appraisals to handle your needs with sensitivity towards everyone involved.  Our primary goal is to provide you with a detailed and well supported appraisal to meet IRS and state agency requirements. Appraisals are more credible to the IRS than a letter from a real estate agent.

Of course, there are hundreds of appraisers to choose from.  Why choose Appraisal Scudero Appraisals?

You want the best...don't you? 

Prior to starting Scudero Appraisals, Debbie Scudero was in the Health Care industry and managing patients who were very apprehensive to the care they received.  She has combined this past experience with extensive experience in real estate appraisal techniques, market research, trend analysis, property risk assessment, foreclosure, REO, short sale and loss mitigation strategies, complex and high dollar valuations and the ability to find solutions to the toughest appraisal challenges.  You won't find an appraiser more qualified than Debbie.  

Appraiser Ethics

 

Appraisal is a profession, and appraisers are professionals. In our field as with any profession we are bound by ethical considerations. An appraiser's primary responsibility is to his or her client. Normally, in residential practice, the appraiser's client is the lender ordering the appraisal to decide whether make the mortgage loan. Appraisers have certain duties of confidentiality to their clients -- as a homeowner, if you want a copy of an appraisal report, you normally have to request it through your lender -- obligations of numerical accuracy depending on the assignment parameters, an obligation to attain and maintain a certain level of competency and education, and must generally conduct him or herself as a professional. Here, we take these ethical responsibilities very seriously.

The ethics rule of USPAP state that the appraiser is under strong obligation to our client (the lender) to not discuss the results of the appraisal with others, or provide copies of the report to others.In section 1691 of the Equal Credit Opportunity Act, a residential mortgage applicant has the right to receive a copy of the appraisal from our client (the lender).

There are ethical rules that have nothing to do with clients and others. We only perform to the highest ethical standards possible. We don't do assignments on contingency fees. That is, we don't agree to do an appraisal report and get paid only if the loan closes. We don't do assignments on percentage fees. That is probably the appraisal profession’s biggest no-no, because it would tend to make appraisers inflate the value of homes or properties to increase their paycheck. We don't do that. Other unethical practices may be defined by state law or professional societies to which an appraiser belongs.

The Uniform Standards of Professional Appraisal Practice (USPAP) also defines as unethical 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," "the amount of a value opinion," and other things. This means you can be assured we are working to objectively determine the home or property value.

You can be assured of 100 percent ethical, professional service.