Appraisal requirements axed on sales of $400K and under: Fed

Approved by the Federal Reserve on Friday, the adjustment, from $250K to $400K, marks the first time in 25 years such an appraisal threshold has changed

Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed.