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Fannie Mae Form 1004D: Appraisal Update and/or Completion Report. This report is used to complete an Appraisal Update, a Final Inspection, or both. The Appraisal Update is used to update the effective date of an existing appraisal report.
Appraisal reporting in the digital age. Alternatively, Fannie Mae Form 1004, the Uniform Residential Appraisal Report (URAR), is commonly used for single-unit residential appraisals but is flexible enough to adequately describe a property with an ADU.
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. An exterior-only inspection of the subject property is required.
The Uniform Residential Appraisal Report (URAR) is the most commonly used single-family appraisal form, and it is also known as Form 1004.
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