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The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal. The form, which allows for standard reporting and analysis of single family dwellings, applies to a one-unit property or one-unit property with an accessory unit.

Traditional: Fannie Mae 1004. Freddie Mac 70. An appraisal assignment for which the scope of work includes an interior and exterior personal, onsite inspection of the subject property completed by the appraiser who signs the appraisal report, and the effective date of the appraisal is the date of inspection.

Single Family Rent Schedule (Form 1007) Typically the appraiser analyzes three rental properties that share or bracket significant rental characteristics with the subject property. Form 1007 is commonly requested by lenders when loans are being made on non-owner occupied properties.

Form 70 is designed to report the results of an appraisal of a 1-unit property, including a unit in a Planned Unit Development (PUD), a Detached Condominium Unit or a 1-unit property with an accessory unit. An interior and exterior inspection of the subject property is required.

Single Family Residential Appraisal (1004) URAR Form 1004. Purpose: The Single Family Residential Appraisal is used to estimate the market value of the subject property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.

Today we are going to talk about the Uniform Residential Appraisal Report, which is also called Fannie Mae Form 1004 or Freddie Mac form 70. This report is used by the above mentioned governmental organizations only for residential mortgage lending.

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.

Does AIR require lenders to obtain appraisals in cases which they were under no such requirement pursuant to the Freddie Mac Single-Family Seller/Servicer Guide (Guide)? No. Nothing in AIR requires a lender to obtain a property valuation, or to use any particular method for property valuation.

Fannie Mae Form 1073 March 2005. The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.

Today we are going to talk about the Uniform Residential Appraisal Report, which is also called Fannie Mae Form 1004 or Freddie Mac form 70. This report is used by the above mentioned governmental organizations only for residential mortgage lending.

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.

Form 465 is designed to report the results of an appraisal of a 1-unit property in a Condominium Project, whether attached or detached. An interior and exterior inspection of the subject property is required. For an appraisal of a 1-unit property in a Condominium Project using only an exterior inspection, see Form 466.