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What form is used for a desktop appraisal?

What Fannie Mae form will appraisers use to complete a desktop appraisal? Appraisers must use Fannie Mae Form 1004 (Desktop) to complete desktop appraisals.

What is a hybrid form 70H?

Fannie Mae 1004 Hybrid. Freddie Mac 70H. An appraisal assignment consisting of a desktop appraisal for which the scope of work includes reviewing a recent interior/exterior property data report.

What is required for a desktop appraisal?

Appraisers take photos, measure for square footage, evaluate the property's condition, and use various public data sources to develop an opinion of value. With a desktop valuation, appraisers use extensive data gathered by third parties and public records in place of a physical inspection to complete the appraisal.

What is a 70D desktop appraisal?

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.

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).

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