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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).
The following single-family residential appraisal was completed as an example for educational purposes only. Everything in the report is fictional, but it provides a great look at what a real uniform residential appraisal report should look like. Click the image below for the full report pdf.
Appraisers use the 1004 appraisal form to appraise a single-family home. Known as the Uniform Residential Appraisal Report (URAR) and is used to find the opinion of the value of real estate.
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.
Uniform Residential Appraisal Report File No. The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.
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:
