Circulars/News - 2003 - 2004

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Circular 26-04-9 - Change 1 - October 11, 2007
New Procedures for Submission of E-Appraisal Reports
PURPOSE:  The purpose of this change is to extend the rescission date of the basic circular so that stations continue to provide guidance on VA’s position with respect to this procedure.

Circular 26-03-11 - December 22, 2003
New Procedures for Improving Communication with Fee Appraisers and Streamlining Reconsiderations of Value
PURPOSE. The purpose of this circular is to encourage VA program participants to provide relevant market data to VA fee and staff appraisers during the appraisal process. These guidelines should help limit the number of cases that reach the reconsideration of value phase and also provide a more timely response to those cases that are submitted for reconsideration. However, the procedures described in this Circular should in no way suggest that appraisers are being pressured to make appraised values meet or exceed sale prices.

Circular 26-04-9 - August 13, 2004
New Procedures for Submission of E-Appraisal Reports
PURPOSE.  The purpose of this circular is to provide information on the new procedures for electronic submission of appraisal reports by VA fee appraisers and appraisal reviews by Lender Appraisal Processing (LAPP) Program Staff Appraisal Reviewers (SARs). This process replaces the current process of appraisals being sent directly to lenders and Regional Loan Centers (RLCs). Effective Monday, August 30, 2004, fee appraisers will be able to electronically submit appraisals to one centralized web site through VA’s new E-Appraisals application on the Veterans Information Portal (VIP) in lieu of to their local RLC e-mail account. The Portal web site is http://vip.vba.va.gov and E-Appraisals will be located under Applications.

Circular 26-04-5 - May 7, 2004
The Department of Veterans Affairs as the Client on VA Appraisals
PURPOSE.  The purpose of this circular is to advise program participants of a new VA policy as a result of a change in the Uniform Standards of Professional Appraisal Practice (USPAP) for 2004.

Circular 26-04-4 - May 7, 2004
Request for Reconsideration of Value on VA Appraisals
PURPOSE.  The purpose of this circular is to reaffirm VA policy for processing requests for Reconsideration of Value (ROV) and to confirm compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).  Expeditious processing of ROV's is essential to ensure timely closing of VA loans.

Circular 26-04-2 - March 30, 2004
Requirements for Notification, Evaluation and Reduction of Lead-Based Paint Hazards in VA-Acquired Properties
PURPOSE. To adapt VA guidelines on implementation of Department of Housing and Urban Development (HUD) and Environmental Protection Agency (EPA) final rules governing the notification, evaluation, and reduction of lead-based paint (LBP) and/or lead-based paint hazards in federally owned residential housing for management of VA acquired properties by a private sector service provider.

Previous Circulars

2008

2007

2006

2005

1996-2001

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