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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), based on an interior and exterior inspection of the subject property.
Freddie Mac Form 70D July 2020 Page 4 of 8 Fannie Mae Form 1004 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; including a unit in a planned unit development (PUD).
In early 2022, Fannie Mae and Freddie Mac announced that certain purchase transactions will be eligible for delivery with appraisals reported on Form 1004 Desktop/70D.
7 Φεβ 2024 · Each Fannie Mae appraisal report form includes an appraiser’s certification (and, if applicable, a supervisory appraiser’s certification) and a statement of assumptions and limiting conditions. Appraisers may not add limiting conditions.
1 Μαρ 2005 · Fill out and download the Fannie Mae Form 1004 Uniform Residential Appraisal Report for free. Easily create and save a PDF of your completed form online.
The main goal of the 1004 form is to provide an accurate and unbiased estimate of a subject property’s market value. Appraisers utilize this form to collect and analyze essential data points about the subject property, including its characteristics, condition, and location.
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:
