In this Chapter

This chapter contains the following topics.

Topic

See Page

13.01  Reviewing Appraisal Reports

13-3

13.02  Resolving LAPP Appraisal Review Problems

13-5

13.03  Documenting LAPP Appraisal Reviews

13-7

13.04  LAPP-Issuing a NOV at Other Than the Appraiser’s Value Estimate

13-9

13.05  Preparing Notices of Value

13-11

13.06  Notice of Value Conditions and Requirements

13-12

13.07  Distributing Notices of Value

13-24

13.08  How Long Notice of Value is Valid

13-25

13.09  Requesting Changes to the NOV

13-26

13.10  Transfer of Appraiser’s Reports Between Lenders

13-29

13.11  Discovery of Title Limitations & Conditions

13-30

13.12  Effect of Major Disasters on Notices of Value

13-34

Exhibit 1—LAPP Lender’s Notice of Value