FHA Single Family
Residential Appraisal
(1004)
The FHA Single Family Residential Appraisal is used to estimate the market value of the subject property as defined in the Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.
Single Family
Residential Appraisal
(1004)
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.
Condominium
Appraisal
(1073)
A Condominium Appraisal is designed to report on a unit in a condominium project or a condominium unit in a PUD (planned unit development). Condominium appraisals completed for FHA loans will also be reported on Form 1073.
Single-Family Residential Appraisal,
Non-Owner Occupied
(1004 w/216 and 1007)
Used to estimate the market value of a property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.
Manufactured
Homes
(1004C)
Form 1004C is required for the appraisal of manufactured homes, any dwelling unit built on a permanent chassis and attached to permanent foundation.
Two-to-Four Unit
Residential Appraisal
(1025)
Appraisals of two-to-four unit residential properties.
Rental
Survey
(1007)
Used to provide an estimate of the market rent of a property based on similar, comparable rentals in the area.
Operating Income
Statement
(216)
Form 216 is used on 1-4 income investment properties and 2-4 family owner-occupied properties.
Appraisal Update and/or
Completion Report
(1004D)
This is a combination form and replaces the Appraisal Update and the Completion Certificate.
One-Unit Residential Appraisal
Field Review Report
(2000)
The Residential Appraisal Review Report (Form 2000) is used to review a one-unit property such as a detached or attached single family home, manufactured home, condominium or co-op. A review appraiser uses this form to judge the accuracy of the data in the appraisal report and to develop an opinion of the appropriateness of the appraisal methods and techniques that were used in preparing the appraisal.
Two-to-Four Unit Residential
Appraisal Field Review Report
(2000A)
A review appraiser uses this form to assess the accuracy of the data of an appraisal report and to form an opinion on the suitability of the appraisal methods and techniques that the original appraiser used.
Desk
Reviews
(1033)
The appraisal under review is analyzed to determine the logic and reasoning displayed in support of the value estimate and the appraisal report’s compliance with USPAP.
Desktop Underwriter Property
Inspection Report
(2075)
Used for exterior property inspection reports.
Exterior Appraisal
Report
(2055)
Used for appraising a single family property or a single family property with an accessory unit. This form is not to be used with a manufactured home, condominium or cooperative.
Single-Family Residential Appraisal,
Non-Owner Occupied
(1004 w/216 and 1007)
Used to estimate the market value of a property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.
Automated
Valuation Model
(AVM)
Automated Valuation Models use data points and a mathematical model to estimate real estate property value.
Brokers Price
Opinion
(BPO/CMA)
Used to estimate the probable sale price of a property by Real Estate Brokers and Agents. It provides the benefit of a full interior and exterior inspection. However, it can also be used for exterior only inspections.
Property
Condition Report
(PCR)
The PCR is analyzed by an local real etste professional to determine the properties condition. The value range of estimate is attached in the form of an AVM.
