Get Form Rd 440-21 (rev. 4-97) Appraisal Of Chattel ... - Forms - Forms Sc Egov Usda

Filling out the Form RD 440-21 is essential for assessing chattel property as part of the USDA's loan process. This guide outlines the steps needed to effectively complete the form online, ensuring that all necessary information is accurately captured.

Follow the steps to complete the Form RD 440-21.

1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
2. Begin by entering your name in the appropriate field at the top of the form. This identifies the individual who is submitting the appraisal.
3. For each item of livestock, fill out the following fields: Item No., Quantity, Kind-sex, Weight or average age, Breed, Color, and Brands or other identification. Ensure accuracy as this reflects the appraisal value.
4. Next, for each item of farm and other equipment, provide details including Item No., Quantity, Kind, Manufacturer, Size and type, Condition, Years of manufacture, Serial or motor No., and the $ Value.
5. Calculate and enter the Total Value of Appraised Property in Section A, adding all values listed from livestock and equipment.
6. Detail any debts to be paid with loan funds in Section B and any other secured debts in Section C. Add these amounts together for the Total Debt in Section D.
7. Finally, calculate the Remaining Equity in the Property by subtracting the Total Debt from the Total Value of Appraised Property and enter this amount in Section E.
8. Sign and date the form to validate the information provided. Enter your title if applicable.
9. Once completed, save the changes made to the form. You may also print or share the form as needed.

Complete your documents online to ensure a smooth submission process.