VaCAP has learned that another AMC might be having financial difficulties. There are conversations currently taking place in two appraiser groups on Facebook. The discussions are in 100% Real Estate Appraisers and Appraisal Client Search and revolve around a bounced check from an appraisal management company. The comments are varied and some are stating they… Read More »
VaCAP has learned the US House Financial Services Committee has concerns over Cryptocurrency and has requested a moratorium of Facebook until regulators and Congress have an opportunity to examine the issues and take action to protect consumers. “Because Facebook is already in the hands of over a quarter of the world’s population, it is imperative… Read More »
Just when you put something into long term memory, it reappears. VaCAP was informed the Court case Skapinetz vs CoesterVMS.com has been decided. The Judge has ordered summary judgement in favor of Mark Skapinetz on all counts. See the court order summary below Thank You for Being Part of VaCAP!
What is it going to take for every appraiser to comment on Town Hall concerning the proposed Guidance Document on hybrid appraisals? Even if you have no intentions of ever completing a hybrid appraisal, it is important for you to place a comment on Town Hall concerning the document and these questionable products. If appraisers… Read More »
Only a few days left to post your comments concerning the hybrid appraisal document on Town Hall. VaCAP can not express enough the importance for each appraiser to voice their opinions. This is our profession and each of us, individually and collectively, are the best ones to advocate for the profession. If you will not… Read More »
VaCAP and 27 other State Appraisal Organizations reached out to the House Finance Services Committee concerning the upcoming Subcommittee meeting entitled “What’s Your Home Worth,? A Review of the Appraisal Industry” on June 20th. The Network stresses the most qualified to testify on the appraisal profession is an appraiser. The letter also outlines some of… Read More »
Who is Up to the Task? Each day we are encountering agents and broker who are unaware of hybrid appraisals. We need to educate them on these products and the risks associated with them. VaCAP is officially challenging you. For the next 10 days, we challenge you to educate 1 person per day about hybrid… Read More »
A hybrid appraisal proposed guidance document has been posted for public comment. As most of you know, hybrid or bifurcated appraisals are a very controversial topic currently. Virginia statutes and regulations have language which gives many of us pause on the compliance of hybrid appraisals as they are being presented in the industry. The Board… Read More »
There is strength in numbers. We believe this is an accurate statement. Richard Hagar, SRA recently wrote an article titled ” Come Together” that VaCAP was been given permission to redistribute. The article discusses the benefits of working in a large firm, co-op office and communicating with other appraisers. Belonging to professional organizations such as… Read More »
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 »