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Bank of america uniform 2025

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The Clarity AMC Appraisal Review Form outlines the necessary criteria and guidelines for conducting a thorough appraisal review. It emphasizes the importance of accurate data entry, proper documentation of property details, and adherence to specific appraisal standards. Key sections include verification of subject and comparable properties, adjustments in value, requirements for rapid value increases, cost approach considerations, reconciliation of market value, and detailed commentary on comparable searches. The form also mandates the inclusion of relevant photos and exhibits to support the appraisal findings.

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Click ‘Get Form’ to open the Bank of America Uniform in the editor.
Begin by entering the subject's address, ensuring it matches the order exactly. Fill in the borrower and lender/client names as per the engagement letter.
Mark the assignment type correctly and provide a description if necessary. If applicable, ensure that the FHA case number is entered accurately.
Complete the sales comparison grid by validating public data and MLS sources. Ensure all sale dates and contract dates for comparables are provided.
For rapid value increases, list any improvements made by the seller and include interior photos of all rooms, labeling them appropriately.
In the reconciliation section, provide a detailed statement explaining how you concluded the estimated value, including adjustments made during your analysis.

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Bank of america uniform 2025

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