Appraisal: SFR

Condition and Marketability Report FHLMC 2070

• Summary appraisal report that conforms to USPAP requirements
• Reports general condition of the subject property and marketability factors
• Reports current market conditions of the neighborhood
• Option for upgrade path as adverse factors are observed
• No estimate of market value

Property Inspection Report FNMA 2075

• Exterior inspection of the subject property from the street
• Report consists of limited subject property and marketability factors
• No estimate of market value

Exterior Only Inspection Residential Appraisal Report FNMA 2055

• Summary appraisal report documentation but includes extensive property information
• Provides quantitative adjustments to comparable sales
• Estimates a specific value
• Increase efficiency and reduce costs
• Detailed comparable grid includes all important components for adjustment

Uniform Residential Appraisal Report (URAR) FNMA 1004

• Most comprehensive collateral assessment product offered by LSI
• Considers market value trends, supply and demand and marketing times
• Provides indicated value by cost approach
• Provides a sales comparison analysis grid with indicated value by sales comparison approach
• Detailed comparable grid includes fence, pool, porch, patio, deck, garage/carport, heating/cooling and functional utility
• Quantitative adjustments to comparable sales
• Estimates a specific market value

Field Review Report FNMA 2000

• Used to determine the completeness and accuracy of the data in an appraisal report
• Verifies accuracy of market value as of the effective date of original report
• Includes comprehensive analysis to determine the completeness and accuracy of all appraisal components
• Provides additional comparable sales if the sales utilized in the original report were not comparable to subject
• Provides a market supported estimated of value, if the original value was considered not reasonable
• Includes a signed Appraiser's Certification