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The appraisal report must include the definition of value (e.g., market value), the effective date of value, the subject property's relevant characteristics, and any other special instructions from the lender, Fannie Mae, Freddie Mac, VA, FHA, etc.
What is a 1073 appraisal form?
Fannie Mae Form 1073 March 2005. This report form is designed to report an appraisal of a unit in a condominium project or a condominium 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 cooperative project.
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 the appraisal form for individual condominium unit appraisal report?
Individual Condominium Unit Appraisal Report Form 465 is designed to report the results of an appraisal of a 1-unit property in a Condominium Project, whether attached or detached.
What is a condo appraisal form called?
An Individual Condominium 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 accordance with the UAD Specification.
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Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Form 1075) This report form is designed to report an appraisal of a unit in a condominium project or a condominium unit in a planned unit development (PUD) based on an exterior-only inspection of the subject property from at least the street.
What is a 1004C appraisal form?
The Manufactured Home Appraisal Report (Fannie Mae Form 1004C/Freddie Mac Form 70B) is a stand- alone appraisal report form designed exclusively to report an appraisal of a 1-unit manufactured home, based on an interior and exterior inspection of the subject property.
What does a 1025 appraisal include?
This report is used for appraising 2- to 4-unit residential income properties, and includes an interior and exterior inspection of the subject property.
What appraisal form is used for 2 unit?
What is a Small Residential Income Property Appraisal Report (Form 1025)? This is the industry-standard appraisal report type for 2-4 unit residential properties. It is the most commonly used report format for two to four unit residential income property appraisals.
What is a 1004 appraisal form?
A URAR form, also known as Fannie Mae Form 1004, contains information needed to complete a full appraisal of a property using three primary approaches to determine value: cost approach, sales comparison approach and income approach.
Related links
Form H1073, Personal Responsibility Agreement
Form H1073 must be signed by: caretakers (SIG 8) and second parents (SIG 7) who receive TANF [including teen parents that are caretakers] at initial ...
Assistant Secretary for Housing-Federal Housing Commisioners
Sep 23, 2005 — ... Form 1073) for all individual condominium units; Small Residential Income Property Appraisal Report (Fannie Mae Form 1025) for all 2 to ...
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