Opinions of Value

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appraisal legislation

AI Calls for Bank Regulators to Reject NCUA’s Decision

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By Douglas A. Potts, MAI, AI-GRS

Potts blogAs you might have heard, the National Credit Union Administration’s Board of Directors on July 18 quadrupled – from $250,000 to $1 million – the appraisal threshold for nonresidential real estate loans. Of course, increasing the threshold would drastically reduce the number of nonresidential real estate loans requiring an appraisal. [Read more…] about AI Calls for Bank Regulators to Reject NCUA’s Decision

Appraisers Unite Against Increased Threshold Proposal

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Single Family Residential BlogThey’re at it again. But this time you can help stop them – if you act by Feb. 5.

The federal bank regulatory agencies have proposed to increase the residential appraisal threshold level from $250,000 to $400,000, exempting nearly three quarters of residential real estate related financial transactions from appraisal requirements. [Read more…] about Appraisers Unite Against Increased Threshold Proposal