[cbsimpson]

Hi. Thank you for your response. I actually have and read all the information you supplied, my problem is FDIC states we are “permitted,” to use an evaluation. I know we don’t need an appraisal, but do you we NEED (regulatory requirement) an evaluation?

We have taken photos of the shopping center and there is no obvious depreciation that would decrease the appraisal (done in 2014) so significantly (from $3m down to less than $200k) that we couldn’t assume its worth is substantial.

[cbsimpson]

Thank you very much! Where can I find the information on this topic? I would like to print it for future reference because I will undoubtedly forget. Lol. Again, thank you very much!

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