Types of Appraisals We Specialize In.
1004 URAR Form:
This covers most single family and townhomes.
This is a limited form that can be done as an interior or exterior appraisal, it also covers most single family and townhomes and is typically done at a lesser fee than the full 1004 form.
This covers all condominium properties.
This form covers all 2-4 unit homes.
2070/Condition & Marketability Form:
This is also a limited form that can be done as an interior or exterior appraisal, no value is given and it focuses on the condition of the home.
Land Appraisal Form:
This form is specifically for vacant land.
This form is typically done on single family homes for corporate relocation situations.
These appraisals are done by our senior certified appraisers and they entail reviews of appraisals done by our peers. We take extreme pride in these since they ultimately reflect the integrity of our profession.
The FHA/HUD Form:
This form is used when the purchase or refinance is an FHA loan. It is a more thorough appraisal that requires the Valuation Conditions form to meet HUD Standards. Typical inspection time is doubled for FHA appraisals. Our FHA appraisers are well educated for these appraisals and we stay on top of all the changes HUD makes to their guidelines.
Types of Appraisals
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PO Box 641, Lakeville MN 55044
?004 JMF Appraisal Services
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