Get Condo Appraisal Form 1075

The Small Residential Income Property Appraisal Report (FHLMC 72/FNMA 1025) is for the appraisal of two- to four-unit properties, including properties in PUD, condo or co-op projects. ... Data indicating physical characteristics of the subject property such as age, materials and condition.

It is a very detailed appraisal report that provides information on comparable rental properties, cost, sales, and income approaches to value. It is used for 2-4 family properties, though we can sometimes use the Fannie Mae Form 1004 for a duplex.

The Exterior-Only Individual Condominium Unit Appraisal Report (Form 1075) is the form used for appraisals of individual condominium units. ... When appraising one unit in a condominium project, the appraiser should use the Sales Comparison Analysis and consider the Income Approach to value.

It is a very detailed appraisal report that provides information on comparable rental properties, cost, sales, and income approaches to value. It is used for 2-4 family properties, though we can sometimes use the Fannie Mae Form 1004 for a duplex.

An Individual Condominium Unit Appraisal Report (ICUAR) is for appraisals of one-unit properties in condo projects based on interior and exterior property inspections. Also known as Fannie Mae Form 1073, appraisals reported on this form must be completed in accordance with the UAD Specification.

Description: The Single Family Comparable Rent Schedule Form 1007 is intended to provide an appraiser with a familiar format to estimate the market rent of a property. Adjustments should be made only for those items of significant difference between the comparables and the subject property.

An Exterior-Only Inspection Residential Appraisal Report allows an appraiser to document observations based off of the following actions: An exterior inspection of the subject property. A street map that shows the location of the subject property and of all comparables used.

In addition, appraisals for units in condo projects that consist solely of detached dwellings may be documented on Form 1004, if the appraiser includes an adequate description of the project and information about the homeowners' association fees and the quality of the project maintenance.

Duplex & Fourplex Form 1025.

The Small Residential Income Property Appraisal Report (FHLMC 72/FNMA 1025) is for the appraisal of two- to four-unit properties, including properties in PUD, condo or co-op projects. ... Data indicating physical characteristics of the subject property such as age, materials and condition.