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Appraisal & Valuation

  • Agencies Increase Residential Appraisal Threshold
    on September 27, 2019 at 7:46 pm

    The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively “the Agencies”) adopted a final rule increasing the threshold for requiring an appraisal in residential real estate transactions from $250,000 to $400,000.

  • Appraisal Foundation Seeks Comment on Evaluations
    on September 6, 2019 at 6:06 pm

    The Foundation’s Appraisal Standards Board (ASB) is seeking input on whether USPAP should address standards for evaluations, and if so, how to differentiate that from appraisals.

  • NCUA Increases Commercial Appraisal Threshold
    on July 22, 2019 at 7:31 pm

    The National Credit Union Administration (NCUA) Board a final rule increasing the threshold below which appraisals are not required for commercial real estate transactions from $250,000 to $1,000,000.

  • North Dakota Appraisal Requirement Waiver Decision
    on July 11, 2019 at 3:01 pm

    The Board of the Appraisal Subcommittee held a public meeting to determine action on a waiver of appraiser credentialing requirements for federally related transactions under $500,000 for 1-to-4 family residential real estate transactions and under $1,000,000 for agricultural and commercial real estate transactions throughout the State of North Dakota for a period of not less than five years.

  • NAR Policy is All About Appraiser Independence
    on June 17, 2019 at 6:02 pm

    The chair and co-chair of NAR’s Real Property Valuation Committee made a few remarks on video about NAR’s appraiser independence policy last week during the 2018 REALTORS® Legislative Meetings in Washington. 

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