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#2138749 - 07/19/17 03:31 PM Cml RE appraisal trigger increasing to $400K
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
The FDIC, OCC and Federal Reserve have jointly announced a Notice of Proposed Rulemaking to raise the threshold for commercial real estate transactions requiring an appraisal to $400,000. Instead of an appraisal, the proposal would require that commercial real estate transactions at or below the threshold receive an evaluation. Comments on the proposal will be accepted for 60 days following Federal Register publication.
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John S. Burnett
BankersOnline.com
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#2139810 - 07/27/17 07:53 PM Re: Cml RE appraisal trigger increasing to $400K John Burnett
Greg Offline
New Poster
Joined: Jul 2017
Posts: 2
Curious as to what lenders are doing with evaluations, internal or otherwise. I have subscribed to some online service that provide good sale and lease data that can aid in evaluation prep for renewals or smaller transactions. The $400M threshold will create a great deal more of a challenge.

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#2148819 - 10/05/17 03:38 PM Re: Cml RE appraisal trigger increasing to $400K John Burnett
TeamComply Offline
Platinum Poster
Joined: Aug 2016
Posts: 540
Has this been made final yet?

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#2148833 - 10/05/17 04:40 PM Re: Cml RE appraisal trigger increasing to $400K John Burnett
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Comment period closed September 29, 2017 - so I would not be holding my breath yet..
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