Urar Appraisal Desk Review WordPress Com Form
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People also ask
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What is an appraisal desk review?
A desk review is a second set of eyes looking at the data to gauge if it is the best possible use data. This type of thing happens very commonly for rural properties, unique properties, or just properties located in areas where there are not a lot of comparables.
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What is the most common method of land valuation?
Methods of Land Valuation – Comparative Sales The most reliable method of estimating land value is through the comparison of the subject property with recent sales of comparable, similarly located, properties.
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What is the most commonly used land appraisal form?
The 1004 appraisal form is probably the most common and widely used appraisal form for residential appraisers. That is because it is the form for single-family residential properties. The 1004 is used when an appraiser is required to do an interior and exterior inspection.
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How much does a desk review cost?
Desk review cost is moderate, typically between $100-$200, perhaps somewhere in the neighborhood of half the cost of an appraisal. The desk review is covered in Uniform Standards of Professional Practice (USPAP).
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What is the difference between form 1073 and 1004?
Form 1073 is the second most commonly used property appraisal form for residential properties. This form is used for appraising condominiums. Essentially, it is the same form as Form 1004 and also serves the same purpose. However, keep in mind that the form is modified for condos.
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What is the most common appraisal report form?
The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal. The form, which allows for standard reporting and analysis of single family dwellings, applies to a one-unit property or one-unit property with an accessory unit.
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What is the most common form of appraisal?
The 1004 appraisal form is probably the most common and widely used appraisal form for residential appraisers. That is because it is the form for single-family residential properties. The 1004 is used when an appraiser is required to do an interior and exterior inspection.
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What is the most common appraisal report used today?
The Uniform Residential Appraisal Report (URAR) is widely considered to be one of the most common forms used in real estate appraisal. The form, which allows for standard reporting and analysis of single family dwellings, applies to a one-unit property or one-unit property with an accessory unit.
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