jhornet88
Freshman Member
- Joined
- Apr 26, 2014
- Professional Status
- General Public
- State
- North Carolina
Lender requests appraisal "land only". Essentially the site is being purchased for new construction, ie tear down. No contributory value towards improvements, they will be scraped. General land form, or 1004? Land form makes sense, but not fannie mae approved.
All Comps will essentially be former tear downs themselves. No true "vacant land".
All Comps will essentially be former tear downs themselves. No true "vacant land".