VaCAP has learned another AMC is gone. This makes the second one in two days. Appraisal Quick out of Laguna Niguel, CA has filed for Chapter 7 Bankruptcy. According to DPOR’s website, Appraisal Quick is not licensed to conduct business in Virginia. Unfortunately VaCAP has learned of several amcs operating here in Virginia without proper licensing and registration.
As always, VaCAP encourages each of you to check DPOR’s website to ensure the company soliciting your services is properly licensed and registration to operate in Virginia. If in doubt, call DPOR to verify.
If you accept assignments from a company not licensed and registered, your recourse is limited if something goes wrong.
Thank You for Being Part of VaCAP!