
Get Freddie Mac 70 / Fannie Mae 1004 1993
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The major difference between the Fannie Mae 1004 form and the 2055 form lies in the level of detail provided. The 1004 form delivers a complete appraisal of a property, while the 2055 form is a less detailed, exterior-only inspection report. Homes requiring full market analysis benefit from the comprehensive nature of the 1004. For straightforward valuations, the 2055 can serve as a faster, simpler option.
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