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Appraisal FAQ  FAQ 

Appraisal Overview

An appraisal is an inspection of land or real property done by a state licensed or certified real estate appraiser. The appraiser uses specific information to determine the market value of the property.

What cfacts offers:
 
Fannie Mae
form
Freddie Mac
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Order Now! Uniform Residential Appraisal Report (URAR) 1004 70

A market analysis and estimate of the value of single-family properties and PUD units that secure conventional first or second mortgages. Based on an interior and exterior inspection. Photographs of the subject front, rear, and street scene, as well as all comparables, provided.

Order Now! Individual Condominium Appraisal Report 1073 465

A market analysis and estimate of value for an individual condominium unit that secures a conventional mortgage. Based on an interior and exterior inspection. Photographs of the subject front, rear, and street scene, as well as all comparables, provided.

Order Now! Quantitative Analysis - Interior/Exterior 2055 2055

An interior and exterior inspection is used to form a quantitative sales comparison analysis. The appraiser assigns a dollar value to reflect the market's reaction to any features of a comparable sale that differ from those of the subject property. Includes photographs of the subject property, a map detailing the location of the subject and comparable properties, and sketches as required.

Order Now! Quantitative Analysis - Exterior Only 2055 2055

An exterior-only inspection is used to form a quantitative sales comparison analysis. The appraiser assigns a dollar value to reflect the market's reaction to any features of a comparable sale that differ from those of the subject property. Includes a photograph of the front scene of the subject property, and a street map detailing the location of the comparable properties.

Order Now! Automated Valuation Model (AVM)

An estimated property value with descriptive characteristics and up to 3 comparable sales within the subject property’s jurisdiction. No physical inspection of the property is made. Rather, the valuation is based on an analysis of similar properties as reported by various databanks, including the assessor's office. This product is not to be considered an appraisal of the subject property.