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No Appraisal Required for Certain Homes

September 30, 2019

Certain home sales of $400,000 or less will not need an appraisal since federal regulators approved a proposal to increase the threshold at which residential home sales require an appraisal. Last November, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve released a proposal that would increase […]

Filed Under: At A Glance, Government Affairs Tagged With: appraisal, appraiser, consumer groups, Department of Housing and Urban Development, Fannie Mae, Federal regulators, FHA, Freddie Mac, HousingWire, HUD, Veterans Affairs

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