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The document is an Individual Condominium Unit Appraisal Report designed to provide a lender or client with a supported opinion of the market value of a specific condominium unit. It includes detailed information about the property, neighborhood characteristics, market conditions, and comparable sales data. The report outlines the appraiser's methodology, including inspections and analyses performed, and concludes with an estimated market value based on the sales comparison approach.

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What is a 1025 appraisal?

The Small Residential Income Property Appraisal Report (FHLMC 72/FNMA 1025) is for the appraisal of two- to four-unit properties, including properties in PUD, condo or co-op projects.

What is form 1073 used for?

The main purpose of a 1073 Appraisal is to provide an unbiased and professional estimate of the fair market value of a inium, cooperative unit, or Planned Unit Development (PUD). This information is typically used by lenders to help determine the maximum loan amount they are willing to lend on a property.

What is a 1073 appraisal?

An Individual inium Unit Appraisal Report (ICUAR) is for appraisals of one-unit properties in condo projects based on interior and exterior property inspections. Also known as Fannie Mae Form 1073, appraisals reported on this form must be completed in ance with the UAD Specification.

What are the three types of appraisal reports?

Appraisal reports that communicate either complete or limited appraisals may be presented in three formats: self-contained reports, summary reports, and restricted reports.

What is a 1073 appraisal form used for?

Form 1073. Form 1073 is the second most commonly used property appraisal form for residential properties. This form is used for appraising iniums. Essentially, it is the same form as Form 1004 and also serves the same purpose.

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What is the difference between Form 1073 and 1004?

Form 1073 is the second most commonly used property appraisal form for residential properties. This form is used for appraising iniums. Essentially, it is the same form as Form 1004 and also serves the same purpose. However, keep in mind that the form is modified for condos.

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What is a 1025 appraisal?

What is form 1073 used for?

What is a 1073 appraisal?

What are the three types of appraisal reports?

What is a 1073 appraisal form used for?

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What is the difference between Form 1073 and 1004?

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