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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.