Electronic Transmission

Fee appraisers are expected to e-mail their appraisal reports to lenders (for LAPP processing) and to loan holders/servicers (in case of liquidation appraisals) who provide an e-mail address in Item 5 of VA Form 26-1805, Request for Determination of Reasonable Value.

As with all other aspects of the VA appraisal process, fee appraisers must meet all Uniform Standards of Professional Appraisal Practice (USPAP) requirements applicable to electronically transmitted appraisal reports.

The appraiser must send a fully completed appraisal report with all related exhibits, including photographs, to the VA Regional Loan Center, Construction and Valuation Section.  Appraisal packages are to be sent in Adobe Acrobat format.

Appraiser

E-Commerce Exemption

Appraisers exempt from E-Commerce must send their appraisals by “overnight” mail.  See Section 10.04 for more information.

Distribution

Appraisals for cases with the following prefixes will be sent to the requester at the e-mail address provided in item #5 of VA Form 26-1805, or at the mailing address if an e-mail address was not provided:

·        LAP

·        LGI (only in cases annotated “SLMP”)

·        LPL

Electronic Signature

Reports submitted by e-commerce are acceptable with an electronically affixed signature, in accordance with USPAP Statement #8.