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  1. Form 1007 is the single-family rent schedule form for Fannie Mae and Freddie Mac (Form 1000). Click here to see all appraisal forms. Real estate appraisers and professionals rely on Form 1007 for accurate rent schedules, primarily for single-family homes as per Fannie Mae and Freddie Mac standards.

  2. The form is designed to present the information needed to determine the market rent for a single-family property. It calls for information on the physical structure, location, and lease terms.

  3. Fannie Mae (FNMA) single-family rent schedules (Form 1007) are typically requested by lenders when financing single-family rental homes and non-owner-occupied properties. The information is used to estimate the market rent by the appraiser.

  4. 17 Οκτ 2024 · Form 1007 is a crucial component of the property appraisal process, providing essential rental property information. In this blog, we will explore the purpose and significance of Form 1007, examining its role in determining fair market rent and aiding in property valuation.

  5. 5 Νοε 2023 · A 1007 appraisal form allows professional appraisers to ascertain the current rental value or rental potential of a specific single-family property. To do this, residential appraisers will analyze the main property and compare it with at least 3 other similar properties, based on:

  6. 7 Φεβ 2024 · Single-Family Comparable Rent Schedule ( Form 1007) Required if the property is a one-unit investment property and the borrower is using rental income to qualify. Otherwise, Form 1007 is not required. (The lender may obtain this form for the purpose of reporting gross monthly rent at delivery.

  7. This is the detached single-family residential form, as well as the townhouse appraisal form. Here is a sample of a Form 1004 appraisal. 1073 – Individual Condominium. The 1073 form is probably the second most commonly used real estate appraisal form for residential properties.

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