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Uniform Residential Appraisal Report (Desktop) File # Freddie Mac Form 70D July 2020 Page 4 of 6 Fannie Mae Form 1004 Desktop July 2020 This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;
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 · Completing the Form 1004 Desktop. Eligible Transactions. Ineligible Transactions. Representations and Warranties. Overview. 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.
A URAR form, also known as Fannie Mae Form 1004, contains information needed to complete a full appraisal of a property using three primary approaches to determine value: cost approach, sales comparison approach and income approach. Common sections featured on a URAR form include:
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.
Hybrid and Desktop Appraisal Forms. Updated February 2022 (First published July 2020) © 2022 Fannie Mae and Freddie Mac. Goals for the addition of 1004 Hybrid/70H and 1004 Desktop/70D forms. Provide forms to support appraisal modernization testing activities.
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