What is the appraiser’s responsibility regarding the information provided by the borrower?

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The responsibility of the appraiser regarding the information provided by the borrower is centered on verification and due diligence. It is crucial for the appraiser to ensure that the data included in the appraisal report is accurate and reliable. This process involves verifying critical pieces of information that may influence the valuation, such as property details, sales data, and market conditions.

When appraisers verify the information, they can better support their conclusions and defend their appraisals if necessary. Accepting provided information without scrutiny, as suggested in other options, could lead to a flawed appraisal. Similarly, merely relaying all information verbatim to the lender fails to hold the appraiser accountable for the appraisal's integrity. Prioritizing the borrower’s perspective on value does not align with the appraiser's obligation to provide an unbiased and objective opinion of value based on market data and professional judgment.

In summary, the appraiser's duty to verify information ensures the credibility and accuracy of the appraisal process, which is fundamental to the reliability of the valuation service provided.

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