Disciplinary actions: Appraisers

For details about many of these disciplinary actions, please see Search business and professional licenses.

June 2016

Timothy Williams – Eagle, Idaho

  • Findings:
    • Home licensing state permanently revoked and considerably fined the Appraiser’s license for significant violations to include:
      • Misrepresenting his identity by entering into a computer bid system using names and passwords of his competitors for the purpose of outbidding the competitors on appraisal bids.
      • Falsely represented in he had personally inspected the subject properties, when he had not performed an inspection.
      • Incorrectly reported the availability of sewer services for a mixed-use property.
  • Action: License revoked for 3 years.

Charles Schroeder — Monroe

  • Findings:
    • Failed to comply with Scope of Work requirements as agreed to with client(s).
    • Failed to maintain complete workfile(s) that contained data, analysis or documentation to support adjustments, opinions, and conclusions contained in the appraisal reports.
    • Made a series of errors, in the aggregate affected the credibility of appraisal reports.
    • Failed to accurately identify the physical and legal characteristics of the subject.
    • Failed to report, analyze and/or adjust any impact of high voltage power lines that ran the length of a comparable sale.
    • Provided appraisal reports that were misleading to include inaccurately reporting a transaction as "arms length"; preparing an appraisal "subject to completion per plans & specifications" without obtaining and/or reviewing plans and specifications.
  • Action: Suspended 2 years, all stayed (not imposed) for 5 years, Fined $3,500, and ordered to complete a 15 Hour Uniform Standards of Professional Appraisal Practice (USPAP) course.

May 2016

Peter Coulton — Lakewood

  • Findings:
    • Made a series of errors, in the aggregate affected the credibility of an appraisal report.
    • Failed to maintain a complete workfile.
    • Failed to accurately identify the physical and legal characteristics of the subject property .
    • Failed to correctly employ recognized methods and techniques in the sales comparison approach to value when making adjustments for sales/financing, date of sale/time, location, site size, view amenities, design, quality of construction, condition, outbuildings and amenities.
  • Action: Suspended 2 years, all stayed (not imposed) for 5 years, Fined $3,500, and ordered to complete a 15 Hour Uniform Standards of Professional Appraisal Practice (USPAP) course.

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