Comments on: 2017, A Time for Change. Change for the Good!

By: Baggins 2017

Baggins 2017 — Thu, 05 Jan 2017 21:27:15 +0000

This is the year of the interconnected device hacking though, and several major ddos attacks to sites like drudge have shown how this is actually happening and how it’s possible. Anything from a baby monitor to your wifi fridge and washer may be pinging without your knowledge. If you don’t know all about that, it’s best to keep it wired and keep it safe, select non wireless non integrated items if possible. Personally I would suggest not just updating social media, but cancelling most of them if possible for you. Social media has turned into a control and informational tool for criminals both corporate and low level corner robbers alike. “I will not let my digital identity exist under totalitarian conditions.” LOL. Anyways, it was a great 2016 and 2017 is probably going to be even better. There are good assignment companies out there whom; A; pay guaranteed minimums regardless of volume & B; Do not treat appraisers like day laborers, and instead assign orders directly. It’s your business, run it how you want to, don’t posture as an employee. Get in the drivers seat if you have not done so already. Assignment companies of several forms are losing lender confidence left and right in states like Colorado, Texas, and Oregon, just to name a few. Seek direct assignment lenders with guaranteed minimum fees better than the majority of the amc’s, accept no substitutes. Thank me later.

By: VaCAP Board

VaCAP Board — Wed, 04 Jan 2017 18:46:37 +0000

In reply to Bill Johnson.

Bill,

Good questions. First, VaCAP did not associate the VA Fee Schedule with C& R Fees. The Virginia Real Estate Appraiser Board made that decision. VaCAP was supportive. What transpired is very simple. They looked at numerous surveys that were completed by other states and compared them to the VA Fee Schedule for that state. In all cases, the fees were very similar. To save time and money, the Virginia Real Estate Appraiser Board adopted the VA Fee Schedule as a third party / Government Fee Schedule that could be used as a presumption of compliance. One of the benefits of using the VA Fee Schedule is the fact that it is updated periodically and no further expense or action would be needed by the Virginia Real Estate Appraiser Board. The Veterans Administration has sent out a survey concerning fees in the area, however, the results have not been released as of yet. We will see what they come back with. Just like everything else in our industry, C&R Fees are constantly evolving.

By: Bill Johnson

Bill Johnson — Wed, 04 Jan 2017 17:58:09 +0000

Question. With the Veterans Affairs resetting fees in many parts of the country, and your organization tying C&R fees to this government fee schedule, have you on a state level raised ($$) your interpretation of what is C&R? Did the VA raise fees in your state, or any specific counties? From what I see, the state of Virginia (VA schedule) is still based on an effective date of August 1, 2014 ($450). Is your organization pushing the VA to update fees in your state (2.5 years old)?