Determining market value
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) Security proposed for disposition. (1) Except when releasing real estate security without compensation under § 765.351(f), the Agency will obtain a valuation of the security proposed for disposition.
(2) The Agency may waive the real estate appraisal requirement when the estimated value is less than the higher of the current OMB appraisal threshold or $500,000.
(b) Security remaining after disposition. The Agency will obtain a real estate appraisal or real estate evaluation of the remaining security if it determines that the transaction will reduce the value of the remaining security.
(c) Valuation requirements. Valuations, when required, will be conducted in accordance with § 761.7 of this chapter.
[72 FR 63309, Nov. 8, 2007, as amended at 86 FR 43392, Aug. 9, 2021; 91 FR 56757, Sept. 4, 2026]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.