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Can I require the lender to add a 1007 Comparable Rent Schedule if the majority of homes in my subject's market area are rentals?
Hey all, this is my first post, I hope it comes out coherently! My assignment: I was engaged to perform an appraisal on a FNMA 1004 form. The subject property is in close proximity to Arizona State University. In the subject's market area, the majority of comparable homes are rented as...- AppraizerZ
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- 1007 highest highest & best use highest and best use income lender rental uniform standards of professional practice violation
- Replies: 24
- Forum: Urgent - Help Needed
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Can I require the lender to add a 1007 Comparable Rent Schedule if the majority of homes in my subject's market area are rentals?
Hey all, this is my first post, I hope it comes out coherently! My assignment: I was engaged to perform an appraisal on a FNMA 1004 form. The subject property is in close proximity to Arizona State University. In the subject's market area, the majority of comparable homes are rented as...- AppraizerZ
- Thread
- 1007 highest highest & best use highest and best use lender rental uniform standards of professional practice violation
- Replies: 5
- Forum: Fannie Mae, Freddie Mac, USPAP