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Welcome to VaCAP

Welcome to VaCAP VaCAP works to promote the appraisal profession and its image to elected and appointed public officials in the Commonwealth of Virginia, the users of appraisal services, and the general public. VaCAP initiates discussion and analysis of issues affecting professional appraisers and monitors the actions of State governmental bodies with the intent to… Read More »

Is Your Head Spinning?

Within the past 48 hours, the appraisal community has been hit with so much information, we wanted to make sure each of you are aware of what is going on so.  The Other Side of Racism Appraisers Blogs published an article yesterday  that every appraiser needs to read, share and distribute on all social media… Read More »

Not With My Money

Appraisers have some very strong opinions on computer driven appraisals. Others are noticing the dangers as well.  It is more than just automated valuation models though.  In an article written by Danielle DiMartino Booth, for  Bloomberg , Fannie Mae and Freddie Mac are specifically called out on their appraisal waivers. The author compares the dangers… Read More »

VaCAP Membership Expiring Soon

Membership to VaCAP  remains at $84 per year.  We represent Virginia appraisers as one of the leading coalitions within the Network of State Appraisal Organizations, currently 31 members strong. We are members of the Appraisal Foundation Advisory Council, attend meetings of the Association of Appraiser Regulatory Officials and attend State Appraisal Board Meetings. We initiate… Read More »

Reminders

Thank you to the many who have already renewed their VaCAP membership.  For those of you who have not renewed, (you know who you are) please do so now.  Our membership renewal process is the same as it has been for the past several years. It has worked well for us and is both cost… Read More »

Could the CFPB Eliminate AMCs?

The Consumer Financial Protection Bureau is seeking public comments on the proposed rules for a Qualified Mortgage. The proposed rules require the lender to season the mortgage for 36 months before they can sell it to Fannie or Freddie. What that means is the lender will own that loan for 3 years.  Fast forward if… Read More »

Payment Issued Resolved

Thank you to those who contacted us about an issue renewing your VaCAP membership on line. The link for payment is now functioning correctly. We ask those who had trouble, please try again. http://vacaponline.com/how-to-join/. If you have not renewed your VaCAP membership, please do so now,. We have a lot of exciting changes in our… Read More »

Good Morning Future!

We don’t need to tell anyone our world is a bit different these days. Each and every one of us has found our path through the past couple of months. VaCAP is no different and is moving forward after taking a pause to regroup. A few weeks ago VaCAP leaders asked for volunteers to help… Read More »

The Con Tonight at 8PM EST

Every US Citizen needs to watch this 5 part docu-series. It  exposes who transpired with whom and what they did…. A REAl EYE OPENER FOR MANY.   Not on Facebook> No Problem. The video will stream here even if you don’t have a Facebook account or are not logged into one.       

Pause- Take Action Now!

This is a call to action!  Comments on the proposed changes to the 2022-23 USPAP are needed The proposed changes to the reporting requirement of Standard 2 may impact the profession negatively and confuse the public on who we are and what we do. We ask that each and every one of you pause for… Read More »