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Pamphlet 26-7 Chapters 13

13.03  Documenting LAPP Appraisal Reviews, Continued

 

Implication of SAR Certification

By making this certification and the certifications required with the application to participate in LAPP, the SAR is stating that in every case he/she

 

·   personally reviewed the appraisal report

·   concurred with the fee appraiser’s recommendation, except as noted in an attachment to the report

·   determined that the appraiser

-   used methodologies that were appropriate and reasonable in light of industry-accepted appraisal techniques

-   made conclusions that were consistent, based upon data in the report, and

-   complied with applicable VA requirements.

·   did not exert pressure or undue influence on the appraiser to change information or to reach a predetermined value for the subject property in order to accommodate the sale price or mortgage transaction, if clarification or corrections to the appraisal report were requested.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1, 2001                                                                                                                                     13-8

 


Chapter 13- Value Notices                                                                                                    VA Pamphlet 26-7, Revised     Change 3