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#1123526 - 02/05/09 03:35 PM Right to Receive Copy of An Appraisal
MMontjoy01 Offline
Junior Member
MMontjoy01
Joined: Apr 2008
Posts: 47
NC, USA
We are trying to find out if Reg B requires that a Notice of Right to Receive Copy of An Appraisal is required on a purchase acquisition loan that a 1-4 Family sits on the property but it is going to be demolished. Thanks ahead of time!

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Lending Compliance
#1123575 - 02/05/09 03:54 PM Re: Right to Receive Copy of An Appraisal MMontjoy01
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
I would provide the notice since the house is there when the loan was applied for and when it closes.

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#1123589 - 02/05/09 04:00 PM Re: Right to Receive Copy of An Appraisal Ray_
MMontjoy01 Offline
Junior Member
MMontjoy01
Joined: Apr 2008
Posts: 47
NC, USA
Thanks Ray! That is what we were thinking but I guess sometimes you need some clarification from outside voices too!

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