All written appraisal reports meet current Uniform Standards of Professional Appraisal Practice (USPAP), guidelines issued by The Appraisal Foundation for related reports and adhere to the Code of Ethics as put forth by the International Society of Appraisers. The USPAP are the generally accepted standards for professional appraisal practice in North America. USPAP contains standards for all types of appraisal services. The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions. State Appraiser Certification and Licensing Boards, federal, state, and local agencies, appraisal services, and appraisal trade associations require compliance with USPAP. Learn why hiring a USPAP compliant appraiser is important, click here.
Written appraisals are made by initially conducting an on-site inspection. During the on-site inspection, we record the item's condition, measure it, describe it, and take digital photographs. Back in the office the descriptions are finalized, necessary research is conducted, and appropriate values are assigned to each item. Reports are delivered electronically. If requested, two color, printed and professionally bound reports are complimentary.
If you are downsizing and curious about the value of your items or considering the sale of items, a verbal appraisal may be the best and least expensive option. Here, the appraiser verbally communicates to the client everything that would normally be written in a report, including the type of values sought, the markets explored, the values obtained, etc. Nothing written is provided to the client, but the client may take notes. We are happy to discuss by phone which service might fit your needs best.