OSU Beavers
Elite Member
- Joined
- Jan 10, 2007
- Professional Status
- Licensed Appraiser
- State
- Oregon
I am reviewing a report on a 1974 Singlewide non-HUD mobile home. Everything on the report looks good and honest including the value. The only fault is that the report is written on a 1004C form which is for HUD only manufactured homes. This may have been at the lenders request or the appraiser may not be aware that non-HUD manufactured homes do not go on the 1004C.
Should I downgrade the report from Good because of the wrong form type or just mention it in closing?
Should I downgrade the report from Good because of the wrong form type or just mention it in closing?