Small Residential Income Property Appraisal Report File # The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market.
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What is a Freddie Mac Form 70?
Form 70 is designed to report the results of an appraisal of a 1-unit property, including a unit in a Planned Unit Development (PUD), a Detached Condominium Unit or a 1-unit property with an accessory unit. An interior and exterior inspection of the subject property is required.
What is appraisal form 1000?
Form 1000 provides the appraiser with a format to estimate the market rent for a 1-unit Investment Property.
What is the difference between 1025 and 1004 appraisal?
Keep in mind that Form 1004C is used for appraising single-family manufactured housing, while Form 1073 is used for condominium units. On the other hand, Form 1025 is for small multi-family investment properties.
What is an appraisal form 1025?
This report form is designed to report an appraisal of a two- to four-unit property, including a two- to four-unit property in a planned unit development (PUD).
Does a 1025 include a 1007?
As the form is geared toward investment properties, the Comparable Rent Schedule is part of the form, so you do not add the 1007 when ordering a 1025. There is no exterior-only counterpart for this form.
What does a 1025 appraisal include?
Appraisers fill out the form and insert data about the subject, neighborhood, comparable sales, valuation and more. Appraisers include additional data not part of the form such as pictures, maps, valuation analyses and more, depending on the property and assignment.
What type of property is 1025?
Real Estate Appraisal Forms List FormProperty Type or UseInspection Type1004CManufactured HomeInterior & Exterior10252-4 UnitsInterior & Exterior71AMulti-Family (5+ Units)Interior & Exterior71BMulti-Family (5+ Units)Interior & Exterior14 more rows
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