Appraiser News
FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
AI, TAF oppose FDIC finalizing increase to threshold
|
On Aug. 20, the Federal Deposit Insurance Corporation (FDIC) approved a final rule officially raising the appraisal de minimus threshold from $250,000 up to $400,000 regarding the minimum transaction amount below which an appraisal is not required for federally related residential real estate transactions.
The Appraisal Institute (AI) and The Appraisal Foundation (TAF) strongly object to the FDIC ruling.
Read on to hear what both presidents from AI and TAF had to say.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories