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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). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the ...
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), based on an interior and exterior inspection of the subject property.
14 Δεκ 2022 · A desktop appraisal reported on the Uniform Residential Appraisal Report (Desktop) (Form 1004 Desktop) is permitted for certain transactions.
The following items will be required for the new 1004 Desktop form. 1: The form name in your forms library is 1004 Desktop 2: No physical inspection of the subject property is required by the appraiser.
Overview: Fannie Mae and Freddie Mac introduced an option for a desktop appraisal for purchase transactions that meet certain requirements. These forms are referred to as a Hybrid Form (1004 Hybrid/70H) or Desktop Form (1004Desktop/70D).
1004 Appraisal Form – Uniform Residential Appraisal Report (URAR) The 1004 form is an essential appraisal form in the real estate world. Used primarily for the appraisal of single-family residential properties, this form requires an interior and exterior inspection of a house.
Appraisers must use Fannie Mae Form 1004 (Desktop) to complete desktop appraisals. Note that this is different from our temporary response to COVID-19, which required appraisers to report desktop appraisals on the standard URAR by inserting a modified set of instructions, scope of work,
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