ASC Call for Comments
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It is important for every appraiser to submit comments…
The Appraisal Subcommittee wants to hear from appraisers on Tristar Bank’s request for appraisal waivers. The comment period is open until April 9, 2018. VaCAP has previously participated in a group letter with other organizations and expressed our concerns on this topic. We will once again be part of a group letter as well as send in our own comments.
It is important for every appraiser to submit comments on how this is a dangerous slippery slope if the waiver is granted. Consumer protection is the issue and the door will be open for others to follow and this could really snowball, impacting non rural areas as well. See the previously sent letter here.
To post your comments, follow this link to the Federal Register for instructions.
Registration is now open! New Information has been released, Early Registration Discounts, Hotel Room Blocks and Speakers have all been added. There is more to come but take a look at all the details thus far here.
Just released today- Coupon Code “BIGBLUE” for an additional $25 off registration- This week only.
Voice of Appraisal:
If you are not regularly listening to Phil Crawford, Voice of Appraisal, now is a great time to start. He has lots of information to share about ApprasiersFest and other hot topics that could impact you and your business. The last three shows alone have been about liability in PIWs, An AMC Owner and his friends, and Senate Bill 2155. Listen and sign up here.
The National Association of Independent Fee Appraisers has invited VaCAP members to join them for a USPAP class on April 23, 2018. The cost of $125 to VaCAP members is the same as it is for NAIFA members. Thank you NAIFA for including VaCAP.
2018-2019 National USPAP Update Class
Sponsored by NAIFA Northern Virginia Chapter
Instructor: Rob Luciani, IFA
Monday, April 23, 2018 from 9 am till 5 PM
Hilton Garden Inn (in Central Park just of I-95)
1060 Hospitality Lane
Fredericksburg, VA 22401
Registration Fee for NAIFA and VaCap Members is: $125
Please bring your USPAP Book to Class
To register, click here.
Virginia General Assembly:
SB 979 and HB1506 have been signed by the Governor and start 07/01/2018.
HB1453 has passed the House and Senate and is waiting for the Governor’s signature.
SB 655 was stricken.
United States General Assembly:
S2155 is still in the Senate. The Network of Appraisal Organizations along with the Appraisal Institute were able to get some revisions to the language to for clarity. We hope to have more progress in the House. WorkingRE Magazine has done a great story on this bill. See it here.
POSTCARDS FROM THE ROAD
VaCAP is excited to announce something fun for VaCAP members & friends on our mailing list. So, we’re starting 2018 off with our FUN quarterly contest “POSTCARDS FROM THE ROAD”.
Now, we all know in our years of appraising some of the funny, interesting, and unique things we have come across out on the road, and sometimes you just can’t explain it to anyone. Hence the saying a picture is worth a thousand words. VaCAP’s Bernie Bugg has developed this idea to bring some FUN and laughter to our profession, which as we all know has its share of stress in today’s appraisal environment. Participants can submit photos to the email address below and be entered to win the $25 Visa gift card for the winning photo for that quarter.
The first deadline will be March 31st to submit photos and the winner will be announced April 10th. The next deadline will be the following quarter with the winner to be announced 10 days thereafter.
The eligibility rules for the contest are as follows:
NO interior photos will be eligible or considered. We all know some of the funniest or strangest photos might be interior pictures but for our contest those are not eligible. The only eligible photos are those that can or were taken from a PUBLIC location. No photos with people in them will be eligible. Photos from your own archives taken previously are eligible as well. Please feel free to add your own brief description or caption.
Let’s make this FUN! Some of the photos will be shared once the contest is complete. The winner and winning photo will be announced and posted by VaCAP with the winner receiving a $25 Visa gift card, or may apply their $25 winnings to their VaCAP annual membership fee for next year.
Photos are to be submitted to the “POSTCARDS…” program director Melody Rhinehart at v…@comcast.net.