VA appraising

[Ben Voros]

I have looked at the posts up and down before asking this question but I either did not dig deep enough or it was not to be found. Could any one let me know what it takes to become a VA appraiser?

Thanks.

 

[StephHigdem]

To qualify for approval as a designated fee appraiser, an applicant must show to the satisfaction of the Secretary that his or her character, experience, and the type of work in which he or she has had experience for at least 5 years qualifies the applicant to competently appraise and value within a prescribed area the type of property to which the approval relates.

http://www.index.VA.gov/search/VA/va_search.jsp?QT=appraiser

 

[Greg Bell]

You will need three letters from other appraisers to say what a spiffy appraiser you are.Since most of my work is REO and I am a one man shop I could only dig up two and they said sorry you don't hang out with enough of the in crowd so it's a no go...True story.

 

[Financially Feasible]

You will need three letters from other appraisers to say what a spiffy appraiser you are.Since most of my work is REO and I am a one man shop I could only dig up two and they said sorry you don't hang out with enough of the in crowd so it's a no go...True story.

Maybe just sit back and wait a while until the VA goes in the direction of the FHA? :laugh:

 

[Jim Onderisin]

The part about references is true. You need letters of reference. I didn't think I knew three people total let alone three appraisers willing to vouch for me. One was willing to sign the letter if I wrote it. Keep that in mind. Another was an appraiser-friend who was kind enough to write a letter for me. The managers at my biggest account wouldn't send a letter. They said it was against bank policy.

But, VA wants experienced appraisers. They're not looking for trainees. They also want appraisers with expertise within a smaller geographic area, which makes sense. I appraise only in Du Page County, IL for them. Even that one county is a really large geographic area to be truly competent within.

 

[Charlotte Dixon]

About the 3 letters.....I've done it for a couple in the past, they got on the panel, and now I have less work.