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  1. The Market Conditions Addendum (Form 1004MC) is designed to enhance the transparency of the market trends and conditions conclusions made by the appraiser. The Market Conditions Addendum will be required with all one- to four-unit property appraisals performed on or after April 1, 2009.

  2. 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.

  3. 7 Φεβ 2024 · Uniform Residential Appraisal Report (Hybrid) (Form 1004 Hybrid) For appraisals of one-unit properties and units in PUDs (including those that have an illegal second unit or accessory dwelling unit) that are based on interior and exterior property data collection.

  4. 25 Φεβ 2022 · 1004MC or 1004 ANSI. By George Dell, MAI. Excerpt: The 1004MC “market conditions” appraisal addendum was created by Fannie Mae and Freddie Mac to require a form-based market analysis. This added to the traditional practice to collect a handful of ‘comps’ to opine and foretell market price. There are problems and unintended consequences.

  5. 11 Φεβ 2019 · The 1004MC form requires appraisers to provide a detailed inventory analysis for three specified time periods. Statistical analysis and reporting of median sale, list price, days on market and list to sale price ratios for three specified time periods. Select 1004MC (Appraisal) from the Search menu.

  6. Uniform Residential Appraisal Report. 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.

  7. Information about the 1004MC Spreadsheet. The Market Conditions Addendum (Form 1004MC) is designed to enhance the transparency of the market trends and conditions conclusions made by the appraiser. The Market Conditions Addendum is currently required with all one‐ to four‐unit property appraisals.

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