Appraisers are punching back after a local lender asked regulators for a one-year waiver of mandated appraiser requirements, citing a lack of available appraisers.
In November, Dickson-based TriStar Bank began the waiver process, with CEO Ted Williams telling regulators the region’s boom had impacted the bank’s ability to get appraisals done in a reasonable amount of time, which was negatively impacting its clients. Banks are required to have properties appraised before doing any real estate-related…