Thinking about her own future, Mason came up with several potential real-life situations in which she would want to have a good, USPAP qualified appraiser on her side:
- I move into a new home and need insurance on the contents, who do I trust to determine their value?
- A family members dies, leaving me executor of the estate, and I have no idea what to do. Who is qualified to help me?
- I am involved in a divorce, who do I trust to value community property?
- A family member sends me a family heirloom for my new house, but it’ shows up broken, who do I trust for the damage claim?
“With a basic understanding of USPAP I can quickly find out if the appraiser is qualified to do my job,” said Mason. “USPAP also informs the public as to proper ethical standards for appraisers.”