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EGRRCPA APPRAISAL RELIEF

Section 103 of the Economic Growth, Regulatory Relief and Consumer Protection Act, which was signed on May 24, 2018, provides limited relief from appraisal requirements for certain loans. An appraisal in connection with a federally related transaction involving real property or an interest in real property is not required if: *   the real property or interest in real property is located in a rural area; *   not later than 3 days after the date on […]

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