Author Archives: VaCAP Board

Crazy Dumb Things

Well who said 2020 would be a nice calm year for appraisers?  VaCAP has been receiving messages from appraisers about some of the crazy dumb stuff lenders and amcs are doing. What is scary is the things we are hearing are very reminiscent of 12-15 years ago. A long time VaCAP member forwarded an appraisal… Read More »

Appraisal Organizations Step Up

Over the past week or so, Presidential Candidate Joe Biden publicly called for more regulation and oversight over appraisers to combat racial bias.  He specifically cited the Brookings Institute Study ” The Devaluation of Assets in Black Neighborhoods, The Case of Residential Property”  If you are unfamiliar with this study, in a nutshell, the findings… Read More »

Breaking: Appraisal Concerns in the Spotlight in DC

Congresswoman Maxine Waters and  Congressman William Lacy Clay request a formal study/investigation into  Title XI (FIRREA) and the recent dilution of its intent by the Federal Agencies. The letter to  Gene Dodaro, Comptroller General, Government Accountability Office, addresses threshold increases, regulatory exemptions, appraisal waivers, the North Dakota appraiser certification waiver and evaluations in lieu of… Read More »

A Huge Thank You

VaCAP wishes to thank all those who supported our education by attending the 7 hour USPAP Update Classes, “USPAP on Steroids with Maureen Sweeney” in Virginia Beach and Abingdon. Despite the massive rain,wind, flooded roadways, fallen trees and snow, both classes were a huge success! We are grateful for your support, trust. and dedication. It goes… Read More »

Hybrids and the State Appraisal Board

Some are for and some are opposed. It is a business decision on which types of assignments you choose to accept.  If you choose to complete a hybrid or bifurcated appraisal, you need to pay attention and ask yourself a few questions.  Is the fee I am receiving for completing this assignment reasonable for the … Read More »

AMC Sucker Punches Appraisers

  Class Valuation sucker punches appraisers! Class Valuations has been celebrating completing 1,000,000 orders and sent a Tweet thanking their clients and staff. There is no mention of the boots on the ground licensed professional appraisers who actually completed those appraisals. Is this the true feelings of Class Valuations? Do they not realize not one… Read More »

Seize the Opportunity

Maureen Sweeney in Virginia does not happen often.  Take advantage while you can! USPAP 20-21 7 Hour Update Class We have only a few seats left. Anyone who has ever met Maureen or heard her speak knows just how passionate she is about the profession.  Boring and monotone are words no one will ever use… Read More »