From the Heart

All, VaCAP has received a message from the family of Ken Harney, Real Estate Syndicated Columnist:   “Dear Friends, It is with great sadness that I write to you to tell you that Ken’s disease has progressed to Acute Myeloid Leukemia (AML) and that as of today, we are in the care of hospice at… Read More »

Fannie & Freddie Want Your Input!

  Fannie and Freddie have reached out to all stakeholder for feedback on the Uniform Appraisal Dataset as part of their “modernization” efforts.  They are asking each appraiser to complete a survey that should take approximately 10-15 minutes. The survey is mainly multiple choice and at the end there is an opportunity to give additional… Read More »

AMC Consents to Negligent Conduct

Yes, you read that correctly! Lenders Allies, LLC, an appraisal management company,  has agreed to a consent order with the Texas Appraiser Licensing and Certification Board (TALCB). On May 1, 2019 Lenders Allies agreed to a final order neither admitting guilt or denying guilt of violations of  Texas law. The case revolved around the investigation… Read More »

Breaking: FTC vs LREAB

The Administrative Law Judge DENIED the FTC’s motion for partial summary judgement! This is a positive step for the Louisiana Appraisal Board. See the Judges order and the entire case summary on the FTC’s website.

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!      

VaCAP Launches Consumer Protection Campaign

VaCAP is excited to launch a Consumer Protection Campaign! For months we prepped, we discussed, we negotiated, we wrote, we edited, we wrote some more, we edited some more…. finally, we recorded. We have three 60 second consumer protection announcements airing on WRVA 1140 News Radio starting on Monday April 29th.  The three consumer protection… 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 »

The Importance of an Appraiser

The Importance of an Appraiser Simply put, an appraiser is the only person within a real estate transaction that is unbiased and is not compensated based on a sale price or loan amount. Agents, lenders, and loan officers are all compensated based on a percentage of the loan amount or sale price. They have an… Read More »