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Amount of Purchase Price Existence of Pending Sales Price Deed Restrictions Asking Price Covenants Conditions Restrictions Option Price Moratoriums Other Section III Location Analysis Does report Region Sum up and rate the above area City Identify and discuss important trends Neighborhood Identify nuisances or hazards Comment upon the descriptions and analysis of the following IMPROVEMENTS SITE Adequate description of physical features Yes No Attention given to Identification of encumbrances ...

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Is appraisal Form 70 the same as 1004?

Unlike that of the Fannie Mae Form 1004/Freddie Mac Form 70, the effective date language of the 1004 Desktop/70D form specifically excludes mention of an inspection date.

What is an appraisal 1007?

Description: The Single Family Comparable Rent Schedule Form 1007 is intended to provide an appraiser with a familiar format to estimate the market rent of a property. Adjustments should be made only for those items of docHub difference between the comparables and the subject property.

What is the difference between 1004 and 1004C?

1004 - (URAR) Uniform Residential Appraisal Report - One Unit (Single Family) appraisal with an interior and exterior inspection. 1004C - Manufactured Home Appraisal Report - One Unit manufactured homes (mobile home) based on an interior and exterior property inspection.

What is a 1004 form in mortgage?

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.

What is the difference between 1004 and 1073 appraisal?

For a detached unit in a condo project that includes a mixture of both attached units and detached units, the condo appraisal Form 1073 must be used even when the subject unit is a detached unit. The appraiser may only use Form 1004 for a detached condo unit when the project consists solely of detached units.

commercial appraisal review form 4002

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What is a 1004 with 1007 appraisal?

The 1007 form is used as a supplement to the 1004/2055 forms talked about above. This form is used to provide rental comparables and estimate the rental income for the subject property. This is typically used for investment properties.

What is the difference between 1004 and 1025 appraisal form?

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.

What is the difference between Form 1073 and 1004?

The Uniform Residential Appraisal Report (URAR) is the most commonly used single-family appraisal form, and it is also known as Form 1004. Keep in mind that Form 1004C is used for appraising single-family manufactured housing, while Form 1073 is used for condominium units.