#284081 - 12/03/0405:07 PMNotice of Right to Receive Appraisal
Anonymous
Unregistered
I am trying to determine if a file I am auditing should have a Notice of Right to Receive Copy of Appraisal. The loan is commercial construction for the purpose of building a single family spec home. The file contains an In House Property Evaluation completed by the lender and an old appraisal of the same house built in another town by the borrower. Is the Notice required for this scenario?