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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.
7 Φεβ 2024 · Appraisals reported on Form 1004 Hybrid must be completed in accordance with the UAD Specification. Manufactured Home Appraisal Report ( Form 1004C ) For traditional appraisals of one-unit manufactured homes (including manufactured homes in a PUD, condo, or co-op project, and MH Advantage properties) based on interior and exterior property ...
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.
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.
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.
25 Φεβ 2022 · 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.
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). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the ...
