Appraisal desk valufinders 2025

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  1. Click ‘Get Form’ to open the appraisal desk valufinders in the editor.
  2. Begin by entering the Loan Number, Lender, Borrower/Client, and Property Address details in the designated fields. Ensure accuracy as this information is crucial for identification.
  3. In the SUBJECT PROPERTY INFORMATION section, review and confirm that all details about the property are complete and correct, including any special conditions or financing terms.
  4. Proceed to DESCRIPTION/CLASSIFICATION. Verify that the neighborhood description accurately reflects location factors such as growth rate and property value trends.
  5. For CHARACTERISTICS, assess any changes in land use and their potential impact on property value. Document any findings in the comments section.
  6. Continue through each section systematically, ensuring all items are rated appropriately. Provide comments for any 'NO' responses to clarify concerns or issues identified during your review.

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Versions Form popularity Fillable & printable
2011 4.9 Satisfied (58 Votes)
2003 4.9 Satisfied (48 Votes)
2002 4.7 Satisfied (63 Votes)
2001 4 Satisfied (35 Votes)
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Field review reports are used when a more detailed property assessment is needed. 2. Desk Review Reports: Desk review reports are conducted without a physical inspection of the property. Instead, the reviewer examines the original appraisal report and its supporting documents.
Desk reviews take a little longer and dive deeper than form reviews. During a desk review, an appraiser spends a few hours verifying the technical methodology and compliance of the appraisal. The reviewer evaluates the reports: Property analysis.
The Appraisal Desk reviews appraisals as soon as they are received., and they usually review a file between the application origination and the final processing of the mortgage loan. Reviews can take up to 48 hours, however appraisals for specific loans like FHA or VA loans go directly to underwriting.
A desk review is a second set of eyes looking at the data to gauge if it is the best possible use data. This type of thing happens very commonly for rural properties, unique properties, or just properties located in areas where there are not a lot of comparables.
How long does the process take on average? Desktop appraisals are much faster than traditional appraisals since they dont require an on-site inspection. An appraisal can take 1 3 weeks, but a desktop appraisal can be completed in just a few days.
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How long does a desk review take? Desk reviews are typically completed within 90 to 120 days of awardee notification.

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