• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Call Direct 704-464-2065
  • Order Appraisal
  • Total Loss
  • FAQ
  • search
DVCHECK

DVCHECK

Diminished Value Appraisals

  • Start Here
  • Diminished Value
  • About
  • Get Your Free Estimate
  • Call Direct 704-464-2065
  • Order Appraisal
  • Total Loss
  • FAQ
  • search
  • Start Here
  • Diminished Value
  • About
  • Get Your Free Estimate

How is a USPAP Compliant Diminished Value Appraisal Different Than Other Appraisals?

January 17, 2016

If you’re like most people, you’re probably thinking to yourself, what is USPAP and how is this important to me. USPAP stands for Uniform Standards of Professional Appraisal Practice and is a set of generally accepted standards that is applicable to most U.S. appraisals. These standards set forth what should be included in a proper appraisal and are important because it assures the public that the valuation will be performed in a competent manner and that the results will be credible.

On the flip side, a diminished value appraisal that doesn’t follow USPAP standards could be considered un-credible, biased, and improper. Non-compliant appraisals are easily discredited and dismissed and if you wind up in litigation and are asked if your appraisal is USPAP compliant and it isn’t, it may not be accepted in court.

The Main Benefits of having a USPAP Compliant Appraisal Include the Following:

• The appraisal conforms to generally accepted and recognized standards of appraisal practice
• Meets quality control standards for proper conduct of appraisal
• Prepared without bias and in a manner that is objective and impartial
• Provides greater credibility and a convincing determination of value
• Worthy of belief
• Accepted by insurance companies, IRS, courts, and financial institutions
• Instills confidence that the appraiser is properly trained through education, experience, and knowledge about the subject property that’s being appraised

Diminished value appraisers who opt to comply with USPAP hold themselves to a higher standard. Insurance adjusters reviewing your documentation recognize this and will take your diminished value claim seriously. On the other hand, poorly trained or insufficiently qualified appraisers can weaken your position and could get your claim denied.

DVCHECK’s diminished value appraisals are USPAP compliant and are based on industry leading sources and data. We are formally trained in USPAP, having passed the 15-hour course. Don’t take a chance with unqualified diminished value appraisers that don’t have the expertise and credentials to maximize your diminished value recovery.

Order your appraisal today and we’ll help you recover your lost vehicle value or feel free to contact us with any questions.

Previous Post: « Estimating Diminished Value – Are In-Person Inspections Necessary?
Next Post: Can I Still Recover Diminished Value if the Accident Was My Fault? »

Get Your FREE Estimate

Recoup the loss in value your car experiences after an accident. Our process is quick and simple.

No hassle. No risk.

Get Started
  • Call Direct 704-464-2065

Quick Links

  • Blog
  • About
  • Contact

Services

  • Free Estimate
  • Order Appraisal
  • Diminished Value
  • Total Loss

Legal

  • Terms & Conditions
  • Our Guarantee
  • Privacy Policy

Contact Us

9716-B Rea Rd #130
Charlotte, NC 28277

 [email protected]

 704-464-2065

Click for the BBB Business Review of this Auto Appraisers in Charlotte NC


Copyright © 2021 · DVCHECK · All Rights Reserved · Powered by Mai Theme