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subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client.

Common sections featured on a URAR form include: Basic information including address, legal description, owner's and/or borrower's names. Information on the contract for sale. Information pertaining to the size, shape, zoning and access to utilities as well as FEMA flood-zone information.

A desktop appraisal is a property valuation that is completed at the appraiser's desk, using tax records and information listed on the Multiple Listing Service (MLS), instead of through an in-person survey of the property. Importantly, a desktop appraisal should not be confused with a hybrid appraisal.

The Uniform Standards of Professional Appraisal Practice set forth the requirements for appraisal reports, which may be presented in one of three written formats: self-contained reports, summary reports, and restricted-use reports.

The Appraisal Desk reviews appraisals as soon as they are received., and they usually review a file between the application origination and the final processing of the mortgage loan. Reviews can take up to 48 hours, however appraisals for specific loans like FHA or VA loans go directly to underwriting.

A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals. It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

A “desk review” requires an additional review by someone other than the underwriter. This could be another underwriter, a manager, or even an internal appraiser that's on the lender's staff. Every mortgage company will have their own procedures.

All appraisals must be completed on the Uniform Residential Appraisal Report (URAR) which is a common form required by the Department of Housing and Urban Development, the Department of Veterans Affairs, the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation and others.