Wayne Henry
Member
- Joined
- Nov 17, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Fannie Mae/FHA driveway and garage storage question
The question that I came across after using Freeappraisalreview website and compared my appraisal report to my peers. If you have a 1 car garage and say it is built into the home is it implied that there is a driveway or does Fannie Mae want us to also state there is a driveway. I was under the understanding that a driveway was implied and the correct way to relay this data would be 1gbi not 1gbi1dw on the UAD form. The dataset 1gbi1dw would relay to the reader that there is a 1 car built in garage with a driveway on the side of the garage that has independent access to and from the house. Wouldn't the correct way to relay the data be 1gbi even if there is a driveway in front of the 1 car built in garage because only one car could truly utilize the garage space. It is understood that if you have a very long driveway that you should not say it is a 5dw (5 car driveway) because we are not considering the access to and from the driveway and not the storage so it should be 1dw. So since this is understood then why doesn't this stand for the garage storage as well. You can only utilize a garage via a driveway so why would it be counted in the description unless it is independent access.
The question that I came across after using Freeappraisalreview website and compared my appraisal report to my peers. If you have a 1 car garage and say it is built into the home is it implied that there is a driveway or does Fannie Mae want us to also state there is a driveway. I was under the understanding that a driveway was implied and the correct way to relay this data would be 1gbi not 1gbi1dw on the UAD form. The dataset 1gbi1dw would relay to the reader that there is a 1 car built in garage with a driveway on the side of the garage that has independent access to and from the house. Wouldn't the correct way to relay the data be 1gbi even if there is a driveway in front of the 1 car built in garage because only one car could truly utilize the garage space. It is understood that if you have a very long driveway that you should not say it is a 5dw (5 car driveway) because we are not considering the access to and from the driveway and not the storage so it should be 1dw. So since this is understood then why doesn't this stand for the garage storage as well. You can only utilize a garage via a driveway so why would it be counted in the description unless it is independent access.
