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What is a 1007 form for mortgage?

The form is designed to present the information needed to determine the market rent for a single-family property. It calls for information on the physical structure, location, and lease terms.

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 216 and 1007 appraisal form?

The Single-Family Residential Appraisal, Non-Owner Occupied Report 1004, with 216 and 1007 is used to estimate the market value of a property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.

What is a 216 and 1007 appraisal form?

The Single-Family Residential Appraisal, Non-Owner Occupied Report 1004, with 216 and 1007 is used to estimate the market value of a property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.

What is a 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)*.

form 1007

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What type of appraisal includes a 1007 comparable rent schedule?

Single Family Rent Schedule (Form 1007) The single family rent schedule is used to estimate market rent by the appraiser. Typically the appraiser analyzes three rental properties that share or bracket docHub rental characteristics with the subject property.

What is a FNMA 1007?

Fannie Mae Form 1007 (8/88) Single-Family Comparable Rent Schedule. This form is intended to provide the appraiser with a familiar format to estimate the market rent of the subject property. Adjustments should be made only for items of docHub difference between the comparables and the subject property.

What is a 1007 appraisal?

A form 1007 appraisal helps residential appraisers determine the market rent value of a single-family rental unit by comparing and analyzing the subject property with three other rental properties that share docHub characteristics with the unit including information related to its physical structure, location, and

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What is a 1007 form for mortgage?

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What is a 216 and 1007 appraisal form?

What is a form 1007 or form 1025?

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What type of appraisal includes a 1007 comparable rent schedule?

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