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A Must-have Reference and Instruction Guide
Using Residential Appraisal Report Forms has the answers residential appraisers are looking for! This updated text provides line-by-line instructions for completing Fannie Mae Forms 1004 and 2055 and the new, required Market Conditions Addendum to the Appraisal Report (Fannie Mae Form 1004MC).
Going beyond the form, the author, a 30-year veteran practitioner and instructor, examines current economic conditions and introduces innovative techniques that can be used to measure value change in any market using available data. Dozens of real-world examples are included--all based on actual situations that practitioners in the field are likely to encounter.
Users of this guide will find a wealth of information, essential advice, and practical tips for completing form reports in today’s challenging residential real estate market.
About the Author
Mark R. Rattermann, MAI, SRA, has been a multidisciplinary real estate appraiser and broker in the metropolitan Indianapolis, Indiana, area since 1978. Mr. Rattermann is the author of many books, including Using the Small Residential Income Property Appraisal Report and Using the Individual Condominium Unit Appraisal Report Forms. He currently writes a biannual residential column for The Appraisal Journal. The courses and seminars Mr. Rattermann has developed include The New Residential Market Conditions Form and Residential Sales Comparison and Income Approaches. Mr. Rattermann is currently a senior partner with REsource, LLC, a real estate appraisal firm located in Indianapolis, and owner and manager of Education REsource, LLC, a real estate education company.