|
PRIVACY POLICY NOTICE TO HOMEOWNERS
This notice is intended to comply with the new Federal laws on information we collect in the normal course of doing an appraisal and our company policy " Pursuant to the Gramm-Leach-Billey Act of 1999, effective July 1st 2001, passed by congress."
|
Appraisers
, along with all providers of personal financial services are now required by federal law to inform their clients of the policies of the firm with regard to the privacy of client non-public personal information. As professionals , we understand that your privacy is very important to you and are pleased to provide you with this policy information.
|
TYPES OF NON-PUBLIC PERSONAL INFORMATION WE COLLECT
The process of performing appraisals, we may collect what is known as " non-public personal information" about you. This information is used to facilitate the services that we provide to you and may include the information provided to us by you directly or received by us from others with your authorization, perhaps your mortgage broker, lender or other third paties. Your lender may of given us your phone numbers so we may call you, we may have your credit card information in which we may use for payment or other information about your house we collected the day of our inspection which we will use on our report to the lender, are examples of this non-public information.
|
PARTIES TO WHOM WE DISCLOSE INFORMATION
We do not disclose any non-public personal information obtained in the course of our Appraisal engagement to non-affiliated third parties, except as necessary or as required by law. By way of example, a necessary disclosure would be to our employees, and in certain situations, to unrelated third party consultants who need to know that information to assist us in providing appraisal services to you. All of our employees and independent contract appraisers & their staff and any third party consultants we employ are informed that any information they see as a part of the appraisal assignment is to be maintained in strict confidence within the firm.
A disclosure required by law, would be a disclosure by us that is ordered by a court competent jurisdiction with regard to a legal action to which you are a party.
|
CONFIDENTIALITY AND SECURITY
We will retain records relating to the professional services that we have provided to you for a reasonable time so that we are better able to assist you with your needs & comply with records retained laws as outlined in USPAP. In order to protect your non-public personal information from unauthorized access by third parties, we maintain physical, electronic and procedural safeguards that comply with our professional standards to insure the security and integrity of your information.
Please fell free to call me personally with any questions you may have about the confidentiality of the information that you may of provided to us for completing your appraisal.
|
