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What is the Fannie Mae appraisal report form?

Each Fannie Mae appraisal report form includes an appraiser's certification (and, if applicable, a supervisory appraiser's certification) and a statement of assumptions and limiting conditions. Appraisers may not add limiting conditions.

Does Fannie Mae require an appraisal?

Fannie Mae requires the appraiser to describe the condition and quality of the property on its appraisal report forms. The appraiser must report the condition and quality of the property in factual, specific terms.

What is a 216 and 1007 appraisal form?

Fannie Mae Form 1007 is used to provide an estimated market rent for the subject. Fannie Mae Form 216 is used to estimate the operating income associated with income-producing property. Report Includes: Complete 1007 and 216 reports and front-view photos of each comparable property.

What is a Fannie Mae form 1004?

Fannie Mae Form 1004 March 2005. This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD).

Is Fannie Mae form 1004 required by appraisal regulations?

The form is not for manufactured homes, or condominium units. 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.

2055 appraisal form

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What is a form appraisal report?

The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal. The form, which allows for standard reporting and analysis of single family dwellings, applies to a one-unit property or one-unit property with an accessory unit.

What is a 2055 appraisal form?

Exterior-Only Inspection Residential Appraisal Report Form 2055 is designed to report the results of an appraisal of a 1-unit property, including a unit in a Planned Unit Development (PUD), Detached Condominium Unit or a 1-unit property with an accessory unit.

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.

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