(a) Security proposed for disposition.
- (1) The Agency will obtain an appraisal of the security proposed for disposition.
- (2) The Agency may waive the appraisal requirement when the estimated value is less than $50,000.
- (b) Security remaining after disposition. The Agency will obtain an appraisal of the remaining security if it determines that the transaction will reduce the value of the remaining security.
- (c) Appraisal requirements. Appraisals, 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]