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What is form 1007 or form 1025?

For one-unit properties: Single-Family Comparable Rent Schedule (Form 1007)* (provided in conjunction with the applicable appraisal report), or. For two- to four-unit properties: Small Residential Income Property Appraisal Report (Form 1025)*.

What is a 1025 report?

Fannie Mae Form 1025 March 2005. The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.

What is the 1025 form used for?

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 Form 1007 or Form 1025?

For one-unit properties: Single-Family Comparable Rent Schedule (Form 1007)* (provided in conjunction with the applicable appraisal report), or. For two- to four-unit properties: Small Residential Income Property Appraisal Report (Form 1025)*.

What is the difference between 1004 and 1025 appraisal?

Keep in mind that Form 1004C is used for appraising single-family manufactured housing, while Form 1073 is used for condominium units. On the other hand, Form 1025 is for small multi-family investment properties.

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