Get Summary Appraisal Report Second Mortgage Property Value Analysis Report Freddie Mac Federal Home

This guide provides a comprehensive overview for users looking to complete the Summary Appraisal Report Second Mortgage Property Value Analysis Report for Freddie Mac. Follow the detailed steps to ensure that all necessary information is accurately captured in the form.

Follow the steps to successfully fill out the appraisal report online.

1. Click ‘Get Form’ button to obtain the document and open it in the provided editing interface.
2. Begin by entering the borrower and subject property information. Include the property address, city, county, and state. Ensure all contact details, such as phone number and the census tract, are accurately filled in.
3. In the property details section, specify the number of rooms, bedrooms, baths, and the gross living area in square feet. Indicate whether there is a family room or den and provide the requested loan amount.
4. Fill in the fields related to property features, such as the presence of a garage/carport, porches, patios, or pools. Select options for air conditioning and other relevant amenities.
5. Navigate to the neighborhood analysis section. Include information about the location's characteristics such as urban or rural setting, growth rates, present land use percentages, and predominant occupancy types.
6. Examine the subject property itself in the property rating section. Rate the condition of the exterior, its appeal, and its compatibility with the neighborhood.
7. Conduct a market comparable analysis. List at least three comparable properties, including their addresses and sales prices. Provide descriptions of each property's condition, size, and other relevant details.
8. Review the overall analysis and include any comments that may affect marketability, such as proximity to amenities. Additionally, attach current descriptive photographs of the subject property and the street scene.
9. Complete the form with your signature and the date. Before finalizing, ensure that all sections have been filled out accurately.
10. After reviewing, you can save the form, download it for your records, print it for submission, or share it as needed.

Start completing your appraisal report online today and ensure accurate documentation for your second mortgage.