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Borrower Name: Property Address: Loan #: Date: RE: Transfer of Appraisal Report from American Financial Resources, Inc. to . To Whom It May Concern, American Financial Resources, Inc. ordered the.

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The Appraisal Transfer Letter must be executed by the lender that ordered the appraisal and must be signed by an authorized officer of the company (See sample letter). Appraisal Transfer Letters signed by Loan officer(s), Loan Processor(s), etc. will not be acceptable.

Conventional Appraisal An appraiser will review the property being purchased, and compare it to similar properties that have recently sold in the same area. Price adjustments based on differences in size, condition, or features will be used to arrive at a value for the home.

An FHA appraisal can be transferred to a Conventional home appraisal. However, a Conventional Home Appraisal cannot be transferred to an FHA appraisal if the mortgage borrower decides to change the loan program from a Conventional Loan to an FHA loan.

Under the Uniform Standards of Professional Appraisal Practice (USPAP), an appraiser cannot re-address or transfer an appraisal to another party once prepared and delivered to another client. This must be done by the Original Transferring Financial Institution.

Keep in mind that Form 1004C is used for appraising single-family manufactured housing, while Form 1073 is used for condominium units. On the other hand, Form 1025 is for small multi-family investment properties.

Lender/Broker/Client should request the Appraisal Transfer Letter from the Original Transferring Financial Institution; the Originating Institution must forward the Transfer Letter and Appraisal to the transferee, it must not be passed through the Lender/Broker/Client.

This report form is designed to report an appraisal of a unit in a condominium project or a condominium unit in a planned unit development (PUD) based on an interior and exterior inspection of the subject property.

Yes. A lender may accept an appraisal transfer from a different lender.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232