Author Archives: VaCAP Board

It’s Just Responsible Journalism

The local television station WWBT, NBC 12 in the Richmond market is airing a story on Thursday February 22 during the 6:00 News Broadcast about racial bias in real estate appraisals.  We know this is not a new topic and previous stories that have aired have been extremely one sided and not from the appraiser’s… Read More »

New Legislation Impacting Appraisers

  House Bill 53 has been introduced into the 2024 Virginia General Assembly, directly impacting Virginia Real Estate Appraisers. The legislation introduced by R. Lee Ware places a statute of limitations for damages against appraisers and appraisal management companies at 5 years.     SUMMARY AS INTRODUCED: Actions against real estate appraisers or appraisal management… Read More »