Residential Appraisal Forms
- Uniform Residential Appraisal Report - URAR (FNMA 1004 / FHLMC 70): Comprehensive appraisal of a single-family home (or PUD unit), including an interior inspection by the appraiser. This is the most commonly ordered appraisal product.
- Single Family Comparable Rent Schedule Addendum (FNMA 1007 / FHLMC 1000): Addendum that cites rental comparables and provides an estimate of the monthly market rent of the subject property.
- Operating Income Statement (FNMA 216 / FHLMC 998): Addendum that reports the income and expenses of one-to-four family investment properties.
- Investment Property - Uniform Residential Appraisal Report (FNMA 1004 / FHLMC 70): Comprehensive appraisal of a single-family home, Comprehensive appraisal of a single-family home, including an interior inspection by an appraiser. Includes Single-Family Comparable Rent Schedule (FNMA 1007 / FHLMC 1000) and Operating Income Statement (FNMA 216 / FHLMC 998) addenda. Normally used for single family rental properties.
- Quantitative Analysis Appraisal Report - Drive-By (FNMA 2055): Limited scope appraisal of a single-family home (including units in condominium or PUD projects). Drive-by only, no interior inspection.
- Individual Condominium Unit Appraisal Report (FNMA 1073 / FHLMC 465): Comprehensive appraisal of a condominium unit, including an interior inspection by the appraiser.
- Individual Condominium Unit Appraisal Report (FNMA 1075 / FHLMC 466): Comprehensive appraisal of a cooperative unit. Drive-by only, no interior inspection.
- Qualitative Analysis Appraisal Report - Drive-By (FNMA 2065): Limited scope appraisal of a single-family home. Drive-by only, no interior inspection.
- Qualitative Analysis Appraisal Report - Interior Inspection (FNMA 2065): Limited scope appraisal of a single-family home. Interior inspection included.
- Condition and Marketability Report - Interior Inspection (FHLMC 2070): Condition and marketability report with no final determination of value. Interior inspection included.
- Condition and Marketability Report - Drive-By (FHLMC 2070): Condition and Marketability Report with no final determination of value. Drive-by only, no interior inspection.
- Property Inspection Report (FNMA 2075): Property Inspection Report with no final determination of value. Drive-by only, no interior inspection.
- Small Residential Income Property Report (FNMA 1025 / FHLMC 72): Comprehensive appraisal of a 2, 3 or 4-family home, including an interior inspection by the appraiser. Includes an Operating Income Statement (FNMA 216 / FHMLC 998).
- Appraisal Update / Completion Report (FNMA 1004D / FHMLC 442): Addendum that reports the results of a re-inspection of the subject property, stating if the requirements or conditions set forth in the appraisal report have been met or an addendum that updates a prior appraisal, typically prepared by the same appraiser.
- Land Appraisal: Comprehensive appraisal of a vacant parcel, including a site inspection by the appraiser.
- One-Unit Residential Appraisal Field Review Report (FNMA 2000 / FHLMC 1032): A field review of an existing appraisal report by a licensed appraiser (one-unit residential property) by a licensed appraiser.
- Two-to-Four Unit Residential Appraisal Field Review Report (FNMA 2000A / FHLMC 1072): A field review of an existing appraisal report (two-to-four unit residential property) by a licensed appraiser.
- Residential Appraisal Review Form - Desk Review (2002): A desktop review of an existing appraisal report by a licensed appraiser.
- Residential Appraisal Review Form - Enhanced Desk Review (2002): A desktop review of an existing appraisal report by a licensed appraiser, with two adjusted comparable sales added by the reviewer.
- Residential Appraisal Review - Short Form (2006): A desktop review of an existing appraisal report by a licensed appraiser on a short form, without comparables.
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