VA Appraisal Fee Schedules and Timeliness Requirements

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Compare to Other Insurance Programs?">How Does VGLI Compare to Other Insurance Programs?</a></li> <li><a href="https://www.va.gov/resources/deciding-how-much-life-insurance-to-get/" title="How Much Life Insurance Do You Really Need?">How Much Life Insurance Do You Really Need?</a></li> <li><a href="https://www.va.gov/life-insurance/options-eligibility/vgli/" title="VGLI Premium Rates">VGLI Premium Rates</a></li> </ul> <li><a href="https://www.va.gov/life-insurance/options-eligibility/fsgli/" title="FSGLI: Family Servicemembers Group Life Insurance">FSGLI: Family Servicemembers Group Life Insurance</a></li> <li><a href="#" title="TSGLI: SGLI Traumatic Injury Protection Program"><span></span>TSGLI: SGLI Traumatic Injury Protection Program</a> <ul class="sub-sub-menu"> <li><a href="https://www.va.gov/life-insurance/options-eligibility/tsgli/" title="TSGLI Program Page">TSGLI Program Page</a></li> <li><a href="http://www.benefits.va.gov/insurance/tsgli_schedule_Schedule.asp" title="Schedule of Payments for Traumatic Losses">Schedule of Payments for Traumatic Losses</a></li> </ul> <li><a href="https://www.va.gov/life-insurance/options-eligibility/s-dvi/" title="S-DVI: Service-Disabled Veterans Life Insurance">S-DVI: Service-Disabled Veterans Life Insurance</a></li> <li><a href="https://www.benefits.va.gov/insurance/valife.asp" title="VALife: Veterans Affairs Life Insurance" target="_blank">VALife: Veterans Affairs Life Insurance</a></li> <li><a href="https://www.va.gov/life-insurance/options-eligibility/vmli/" title="VMLI: Veterans' Mortgage Life Insurance">VMLI: Veterans' Mortgage Life Insurance</a></li> <li><a href="http://www.benefits.va.gov/insurance/bfcs.asp" title="Beneficiary Financial Counseling and Online Will ">Beneficiary Financial Counseling and Online Will </a></li> <li><a href="https://www.va.gov/life-insurance/totally-disabled-or-terminally-ill/" title="Accelerated Benefits Option">Accelerated Benefits Option</a></li> <li><a href="#" title="Other VA Life Insurance"><span></span>Other VA Life Insurance</a> <ul class="sub-sub-menu"> <li><a href="http://www.benefits.va.gov/insurance/select.asp" title="Other VA Life Insurance Page">Other VA Life Insurance Page</a></li> <li><a href="http://www.benefits.va.gov/insurance/plans.asp" title="Plans of Insurance">Plans of Insurance</a></li> <li><a href="http://www.benefits.va.gov/insurance/vri.asp" title="Veterans' Reopened Insurance">Veterans' Reopened Insurance</a></li> <li><a href="http://www.benefits.va.gov/insurance/vsli.asp" title="Veterans' Special Life Insurance">Veterans' Special Life Insurance</a></li> <li><a href="http://www.benefits.va.gov/insurance/nsli.asp" title="National Service Life Insurance WWII">National Service Life Insurance WWII</a></li> <li><a href="https://www.va.gov/resources/life-insurance-dividend-payment-options/" title="Dividend Payment Options Available">Dividend Payment Options Available</a></li> <li><a href="http://www.benefits.va.gov/insurance/dividends_special.asp" title="Special Dividend Rumor">Special Dividend Rumor</a></li> <li><a href="https://www.insurance.va.gov/UnclaimedFunds/" title="Search for Unclaimed Funds">Search for Unclaimed Funds</a></li> </ul> </ul> <li><a href="#" title="Pension"><span></span>Pension</a> <ul class="sub-menu"> <li><a href="http://www.benefits.va.gov/pension/index.asp" title="Pension Home Page">Pension Home Page</a></li> <li><a href="#" title="Veterans Pension"><span></span>Veterans Pension</a> <ul class="sub-sub-menu"> <li><a href="http://www.benefits.va.gov/pension/vetpen.asp" title="Veterans Pension Page">Veterans Pension Page</a></li> <li><a href="http://www.benefits.va.gov/pension/pencalc.asp" title="How to Calculate Pension">How to Calculate Pension</a></li> <li><a href="http://www.benefits.va.gov/COMPENSATION/claimexam.asp" title="Compensation & Pension Exam page">Compensation & Pension Exam</a></li> </ul> <li><a href="#" title="Survivors 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While VA considers this to be a temporary market fluctuation, appraisal fees have been <strong>increased</strong> in these counties to reflect the increased demand in this seller’s market.</p> <p>*<em>The fees and timeliness increases will be reevaluated in the future and may need to be readjusted</em>.</p> <h2><span>Counties Where Appraisers are Needed</span></h2> <p>VA encourages appraisers based in or serving these <a href="/HOMELOANS/documents/docs/counties-where-appraisers-are-needed.xlsx" target="_blank"><strong>counties</strong></a> to submit an application for VA fee appraiser panel.</p> <h2><span>Liquidation Appraisal</span></h2> <p>Appraisers are <strong>no longer authorized</strong> to charge an additional $50 above the fee indicated in the table. Liquidation appraisal timeliness is the same as typical assignments in the geographical area.</p> <h2><span>Cancelled Assignments</span></h2> <p>Lenders must notify the assigned VA appraiser and the VA office of jurisdiction when an order has been cancelled. <strong>Notify VA by submitting through the <a href="https://yourit.va.gov/csm?id=rlc_pathfinder" target="_blank">ServiceNow Portal</a>.</strong> – <em>Notes in WebLGY are <strong>not</strong> sufficient notification to VA that an assignment has been cancelled</em>.</p> <p>VA allows appraisers to charge for time and work completed according to the following schedule:</p> <ul> <li>Work completed after assignment acceptance in WebLGY, but prior to setting an appointment will <strong>not exceed</strong> <strong>$50</strong>.</li> <li>If an appointment is made and notes placed in WebLGY confirming the date and time of appointment, and with whom the appointment was placed prior to the cancelation, the fee will <strong>not exceed $175</strong>.</li> <li>After the review of the interior of the property has been completed, the fee will not exceed 50 percent of the posted fee.</li> <li>If the report is fully completed, signed, and uploaded in WebLGY prior to cancellation, the full fee for the appraisal shall be paid to the appraiser.</li> </ul> <h2><span>Additional Fees</span></h2> <p><strong>Requests for mileage fees must be approved by the Regional Loan Center (RLC) prior to the appraiser starting the appraisal</strong>. Authorized mileage fees will be charged at the rate allowed by the General Services Administration (GSA) or a flat rate approval based on unusual circumstances (i.e., weather conditions, unpassable roads, the need to use off road vehicles etc.). To determine GSA’s current mileage rates, please visit <a href="https://www.gsa.gov/travelresources">https://www.gsa.gov/travelresources</a>.</p> <p>Appraisal fees for the Islands of Vieques and Culebra will be the same as in the U.S. Virgin Islands. Reimbursement for public and private transportation expenses (air, boat, ground transportation, or the use of specialty vehicles) incurred to perform appraisals in the islands of Vieques and Culebra; the U.S. Virgin Islands; Alaska; outer Islands of Hawaii; and the Commonwealth of the Northern Mariana Islands is authorized when accompanied by <em>supporting documentation</em>.</p> <p>When an appraisal assignment is completed for <em>proposed</em> or <em>under construction</em> properties the appraiser may charge an <strong>additional $50 fee</strong> above the published VA appraisal fee for that property type.</p> <p>All re-inspection fees are <strong>$150</strong>.</p> <h2><span>Payments</span></h2> <p>Lenders and other appraisal requestors should note that <a href="http://www.vba.va.gov/pubs/forms/VBA-26-1805-ARE.pdf">VA Form 26-1805</a>, VA Request for Determination of Reasonable Value (Real Estate), states “<em>On receipt of ‘Notice of Value’ or upon advice from the Department of Veterans Affairs that a ‘Notice of Value’ will not be issued, we agree to forward to the appraiser the approved fee which we are holding for this purpose</em>.” If a payment has not been made within <strong>30 days of billing</strong>, a late fee charge not to exceed state usury statutes is authorized.</p> <p><strong>Late fees cannot be charged to the Veteran</strong>. Lender Appraisal Processing Program <strong>lenders</strong> are responsible for their approved agents.</p> <p> </p> <table border="0"> <thead> <tr> <th style="text-align: center; vertical-align: middle;">Regional Loan Center</th> <th style="text-align: center; vertical-align: middle;">States</th> <th style="text-align: center; vertical-align: middle;">Appraisal Fees and Timeliness</th> </tr> </thead> <tbody> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Atlanta</h3> </td> <td>- Georgia<br />- North Carolina<br />- South Carolina<br />- Tennessee</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/atlanta_fee.pdf" target="_blank" title="Download Atlanta RLC Fee Schedules and Timeliness Requirements">Download</a> </td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Cleveland</h3> </td> <td>- Connecticut<br />- Delaware<br />- Indiana<br />- Maine<br />- Massachusetts<br />- Michigan<br />- New Hampshire<br />- New Jersey<br />- New York<br />- Ohio<br />- Pennsylvania<br />- Rhode Island<br />- Vermont</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/cleveland_fee.pdf" target="_blank" title="Download Cleveland RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Denver</h3> </td> <td>- Alaska<br />- Colorado<br />- Idaho<br />- Montana<br />- Oregon<br />- Utah<br />- Washington<br />- Wyoming</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/denver_fee.pdf" target="_blank" title="Download Denver RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Houston</h3> </td> <td>- Arkansas<br />- Louisiana<br />- Oklahoma<br />- Texas</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/houston_fee.pdf" target="_blank" title="Download Houston RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Phoenix</h3> </td> <td>- American Samoa<br />- Arizona<br />- California<br />- Commonwealth of the Northern Mariana Islands<br />- Guam<br />- Hawaii<br />- New Mexico<br />- Nevada</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/phoenix_fee.pdf" target="_blank" title="Download Phoenix RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>Roanoke</h3> </td> <td>- District of Columbia<br />- Kentucky<br />- Maryland<br />- Virginia<br />- West Virginia</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/roanoke_fee.pdf" target="_blank" title="Download Roanoke RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>St. Paul</h3> </td> <td>- Illinois<br />- Iowa<br />- Kansas<br />- Minnesota<br />- Missouri<br />- Nebraska<br />- North Dakota<br />- South Dakota<br />- Wisconsin</td> <td style="text-align: center; vertical-align: middle;"> <a href="https://www.benefits.va.gov/homeloans/documents/docs/stpaul_fee.pdf" target="_blank" title="Download St. Paul RLC Fee Schedules and Timeliness Requirements">Download</a></td> </tr> <tr> <td style="text-align: center; vertical-align: middle;"> <h3>St. Petersburg</h3> </td> <td>- Alabama<br />- Florida<br />- Mississippi<br />- Puerto Rico<br />- U.S. Virgin Islands</td> <td style="text-align: center; vertical-align: middle;"><a href="https://www.benefits.va.gov/homeloans/documents/docs/stpete_fee.pdf" target="_blank" title="Download St. Pete RLC Fee Schedules and Timeliness Requirements">Download</a> </td> </tr> </tbody> </table> <div class="top_link"><a href="#top">return to top <img width="7" height="10" src="/va_files/2012/images/arrow_up.png" alt="go"></a></div><div class="clear"></div> </div> <div style="clear:both"></div> </div>  </div> </div> </div> </div>  <div id="footer-effect"> <div id="footer" > <div class="col"> <h4 class="top-level">CONNECT</h4> <p><a href="https://www.veteranscrisisline.net/">Veterans Crisis Line:</a><br> <span class="larger">988</span> (Press 1)</p> <p class="h4correct">Social Media</p> <div id="footer-social-wrapper"> <div class="main-social-containers"><a title="Link to VA's Email Directory" href="https://public.govdelivery.com/accounts/USVA/subscriber/new/"><img src="/va_files/2014/responsive/images/social-email.png" alt="Email icon"></a></div> <div class="main-social-containers"><a title="Link to VA's main Facebook page" 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VA Appraisal Fee Schedules and Timeliness Requirements - VA Home Loans