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Versions	Form popularity	Fillable & printable
2005	4.9 Satisfied (526 Votes)
1993	4.4 Satisfied (226 Votes)

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What is a 1025 appraisal form used for?

This report form is designed to report an appraisal of a two- to four-unit property, including a two- to four-unit property in a planned unit development (PUD).

What is a form 70 for an appraisal?

Uniform Residential Appraisal Report Form 70 is designed to report the results of an appraisal of a 1-unit property, including a unit in a Planned Unit Development (PUD), a Detached Condominium Unit or a 1-unit property with an accessory unit. An interior and exterior inspection of the subject property is required.

What is a URAR form?

The URAR is a form specifically designed to meet Fannie Mae's and Freddie Mac's need for an appraisal where the "Intended Use" is only "for the lender/client to evaluate the property for a mortgage finance transaction." The form also carries the "Freddie Mac Form 70" designation.

What is the most common land appraisal form?

The 1004 appraisal form is probably the most common and widely used appraisal form for residential appraisers. That is because it is the form for single-family residential properties. The 1004 is used when an appraiser is required to do an interior and exterior inspection.

What is the standard appraisal form?

The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal. The form, which allows for standard reporting and analysis of single family dwellings, applies to a one-unit property or one-unit property with an accessory unit.

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What is the most common method for appraisal?

Sales comparison. This is the most common method, where appraisers value a property based on the recent selling prices of similar properties in the same neighborhood.

What is the most common appraisal form?

Form 1004. Form 1004 is easily the most common and widely used property appraisal form. And this is because the form is used for single-family residential properties. You use Form 1004 when you have to perform an exterior and interior inspection.

What is a 1004 URAR appraisal?

This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project.

What is a 1004D?

Fannie Mae Form 1004D: Appraisal Update and/or Completion Report. This report is used to complete an Appraisal Update, a Final Inspection, or both. The Appraisal Update is used to update the effective date of an existing appraisal report.

What is an appraisal 70D?

Uniform Residential Appraisal Report (Desktop) Form 70D must be used when completing a desktop appraisal. This report is similar in format to Form 70, but when using Form 70D, the appraiser must provide a floor plan in addition to a building sketch.

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