Commercial appraisal review form 2025

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  1. Click ‘Get Form’ to open the commercial appraisal review form in the editor.
  2. Begin by filling in the project/property name and location in the designated fields. Ensure accuracy as this information is crucial for identification.
  3. Indicate the type of property by selecting either 'Existing' or 'Proposed Construction'. Provide the appraiser's name and contact details for further communication.
  4. In Section I, specify the value sought, such as 'Market Value', and any relevant interests valued. This section sets the foundation for your appraisal review.
  5. Proceed to Section II, where you will confirm if the report adequately identifies property location, ownership, and assessment details. Use checkboxes for clarity.
  6. Continue through Sections III to IX, providing comments and ratings as necessary. Each section focuses on different aspects of the appraisal, ensuring a comprehensive review.

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Exterior-Only Individual Cooperative Interest Appraisal Report (Form 2095)for an appraisal of an individual cooperative unit based on an exterior-only property inspection.
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.
The most commonly-used land appraisal report form in the United States is the Uniform Residential Appraisal Report (URAR), also known as Form 1004. This form is used by appraisers to evaluate residential properties, including land.
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.
The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal.

People also ask

These two forms are both used for the same type of property, multi-family properties (5 or more units). Both of these forms have the same base template and provide the same results in a similar methodology; the 71A is just a much more in-depth report. The 71B appraisal form is a condensed version of the 71A form.
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.

commercial appraisal template