Category Archives: Consumers

Breaking News – Unprecedented Appraisal Waiver Questioned!

Congresswomen Maxine Waters and Senator Sherrod Brown are questioning the Appraisal Waiver granted to North Dakota.  See the Press Release below and the entire letter sent here.    For Immediate Release September 27, 2019 Waters and Brown Call on Appraisal Subcommittee to Provide Answers on Unprecedented Appraisal Waiver WASHINGTON, D.C. – Congresswoman Maxine Waters (D-CA), Chairwoman… Read More »

Who is Doing My Appraisal?

Real Property Valuation Forum: Who is Doing My Appraisal? How Remote Valuation Could Affect Your Transactions. Tuesday, May 14, 20191:00 PM–3:00 PM  Location: Marriott Wardman Park, Virginia Suite, Lobby Level   REALTORS® LEGISLATIVE MEETINGS & TRADE EXPO  MAY 13-18, 2019  WASHINGTON, DC Description Who is doing my appraisal?! How remote valuation could affect your transactions. Desktop or hybrid appraisals… Read More »

It Was One of Those Weeks….

Things went a bit crazy, but in a very good way! Monday April 29th, VaCAP launched a consumer protection campaign on WRVA 1140 AM News Radio.  Our email and social media accounts  were non stop.  Many of our sister Coalitions in The Network of State Coalitions helped spread the word and shared our Press Release… Read More »

VaCAP Live Saturday Morning

Join VaCAP President Pat Turner Live on The Home Show with Richard McKann!  Discussion will revolve around protecting the consumer . Tune in and  listen on WRVA 1140 AM at 7:30 AM Saturday May 4th  https://newsradiowrva.radio.com/hosts/home-show-richard-mckann To call in with a question, 804-345-1140.   Thanks for Supporting VaCAP!       Please follow and like… Read More »

Selling Your Home?

Technology has changed the way we do many things in the world today. Buying and selling Real Estate is no different. We use internet sites and apps to search for homes, view photographs and observe neighborhood with satellite imagery. We obtain information on the local schools, community amenities and other statistics.  Many companies try to… Read More »

Appraisers vs. Machines

Appraisers vs. Machines Collateral risk analysis (appraisals being a key element of that) is partially art, partially science.  Those two facets are blended inseparably, like a soup…the  ingredients can’t be separated.  While computers can undeniably perform certain tasks better than humans (such as the handling of large amounts of data) appraisers can perform other absolutely… Read More »

Liar – Liar

The Consumer is Being Feed Yet Another Lie! Remember when we heard an Appraisal Waiver will save the borrower money? Do you recall all those videos from loan officers and mortgage companies encouraging borrowers to obtain an appraisal waiver to save them money?  News Flash –  they lied! But you all ready knew that. Well, … Read More »