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  1. General Instructions: This form is to be prepared jointly by the loan applicant, the appraiser, and the lender's underwriter. The applicant must complete the following schedule indicating each unit's rental status, lease expiration date, current rent, market rent, and the responsibility for utility expenses.

  2. Title: Operating Income Statement (Form 216): PDF Author: Fannie Mae Subject: Operating Income Statement Keywords: 216,Selling Transactions Created Date

  3. 16 Απρ 2020 · • Most common reporting form used for reporting the appraisal of a 2- to 4-family property for use by a lender client • 7-page report and provides an orderly and systematic flow of information and commentary

  4. Learn about the different types of appraisal forms used for residential and commercial properties, including the 216 form for operating income statement. The 216 form is a general-purpose form that can be used for any type of property that generates income.

  5. uploads-ssl.webflow.com › 64f1975595e4d28a0d5c2ecf › 6541a5c49c48d6d9eecb7cf4Form 216 appraisal - Webflow

    What do you need to know about the form 216? The Basic Income Review (216) Form 216 is used for 1 to 4 income carrying investment properties and 2 to 4 owners' populated family properties. Description: The Tenderer provides forecasts of income and expenses to be used to determine the method of determining the cost of income.

  6. 7 Φεβ 2024 · Appraisal reports must be completed on one of the following Fannie Mae appraisal forms. Exhibits for Appraisals. The exhibits in the following table must accompany the appraisal report.

  7. No If Yes, describe the rental terms and options. Describe common elements and recreational facilities. This report form is designed to report an appraisal of a two- to four-unit property, including a two- to four-unit property in a planned unit development (PUD).

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