Get Multi-purpose Supplemental Addendum Purpose & Function Of ... - S88344842 Onlinehome

This guide provides step-by-step instructions for successfully completing the Multi-purpose Supplemental Addendum for federally related transactions. It is designed to assist users of all levels of experience in accurately filling out this important online document.

Follow the steps to fill out your addendum correctly.

1. Press the ‘Get Form’ button to access the form and open it in the editor.
2. Begin by entering the borrower/client name and property details, including the property address, city, county, state, and zip code. Ensure all information entered is accurate to avoid delays.
3. In the appraisal details section, carefully review the purpose and function of the appraisal. Indicate the market value estimation as requested and provide the necessary supporting information.
4. Continue to the extent of the appraisal process section, where you will provide details about the sources of data and the methodology used in the appraisal. Make sure to note any relevant data sources and comparison methods.
5. Complete the subject property offering information and sales history sections. Document any offering status, sales price, and previous transactions for the property as requested.
6. Fill out the FEMA flood hazard data, noting whether the subject property is located in a FEMA Special Flood Hazard Area and providing the corresponding zone information if applicable.
7. Finalize by reviewing the certification and signature sections. Ensure that the appraiser’s and co-signing appraiser’s details are accurate, including names, state licenses, and certifications.
8. Once you have filled out the form, save your changes. You can choose to download, print, or share the completed form as necessary.

Complete your Multi-purpose Supplemental Addendum and any related documents online for efficient handling of your appraisal needs.