Commercial Corner
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FDIC adopting appraisal threshold increase
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Wednesday, March 28, 2018
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The Federal Deposit Insurance Corporation board of directors is adopting a final rule to raise the appraisal thresholds for commercial real estate transactions from $250,000 to $500,000.
The American Bankers Association had an official comment about this announcement. Valuation Review reached out to Appraisal Institute President James L. Murrett for his thoughts about this rule and its effects on the appraisal profession.
Read on to learn more.
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