Glossary Of Appraisal Product Codes

[HerpityDerpy]

Hello everyone, I am a data analyst and LOS admin who is trying to record appraisal products and develop an interface for ordering these. I want to know more about the products that appraisers have to offer on real estate, can anyone direct me in a direction to where I can find this data?

I have found a product glossary on Dart Appraisal's site, and I have also looked on Fannie's site and the forms they have available. I am just trying to round out my knowledge in this field and get a better understanding of this section of the industry.

Any help would be greatly appreciated.

 

[andrew81]

Uniform Residential Appraisal (FNMA 1004)
Uniform Residential Appraisal w/ REO (FNMA 1004)
FHA Appraisal (FNMA 1004)
Single Family Investment (1004, 1007, and 216)
Single Family FHA Investment (1004, 1007, and 216)
Single Family Investment w/Comparable Rent Sch (1004 and 1007)
Single Family FHA Investment w/Comparable Rent Schedule (1004 and 1007)
Single Family Investment w/Operating Income Statement (1004 and 216)
Single Family FHA Investment w/Operating Income Statement (1004 and 216)
Exterior Only Residential Report (FNMA 2055)
Exterior Only Residential Report w/REO (FNMA 2055)
Exterior Only Residential Report w/ Comparable Photos (FNMA 2055)
Exterior Only Investment (2055, 1007, and 216)
Exterior Only Investment w/Comparable Rent Schedule (2055 and 1007)
Multi-Family Appraisal (FNMA 1025)
Multi-Family Appraisal w/ REO (FNMA 1025)
Multi-Family Appraisal Conversion to FHA (FNMA 1025)
Multi-Family FHA (FNMA 1025)
Multi-Family Investment (FNMA 1025 and 216)
Multi-Family FHA Investment (FNMA 1025 and 216)
Exterior Only Multi-Family Appraisal (FNMA 1025)
Condo Appraisal (FNMA 1073)
Condo Appraisal w/ REO (FNMA 1073)
Condo Appraisal Conversion to FHA (FNMA 1073)
Condo FHA (1073)
Condo Investment (1073, 1007, and 216)
Condo FHA Investment (1073, 1007, and 216)
Condo Investment w/Comparable Rent Sch (1073 and 1007)
Condo FHA Investment w/Comparable Rent Schedule (1073 and 1007)
Condo Investment w/Operating Income Statement (1073 and 216)
Condo FHA Investment w/Operating Income Statement (1073 and 216)
Condo FHA Reverse Mortgage (1073)
Property Inspection (FNMA 2075)
Condition and Marketability Report (FHLMC 2070)
Appraisal Update/Recertification (FNMA 1004D)
Appraisal Update/Inspection of Repairs (FNMA 1004D)
FHA Conversion Appraisal Update
Conventional Conversion Appraisal Update
Land Appraisal
Manufactured Home (FNMA 1004C)
FHA Manufactured Home (FNMA 1004C)
Manufactured Home Investment (FNMA 1004C, 1007, and 216)
FHA Manufactured Home Investment (FNMA 1004C, 1007, and 216)
Manufactured Home Investment with Comparable Rent Schedule (FNMA 1004C and 1007)
FHA Manufactured Home Investment w/Comparable Rent Schedule (FNMA 1004C & 1007)
FHA Manufactured Home Investment w/Operating Income Statement (FNMA 1004C & 216)
FHA Manufactured Home Reverse Mortgage (FNMA 1004C)
Mobile Home Appraisal
Co-op Appraisal (FNMA 2090)
Co-op Investment (2090, 1007, and 216)
Co-op Investment w/Comparable Rent Schedule (2090 and 1007)
Co-op Investment w/Operating Income Statement (2090 and 216)
Exterior Only Co-op Appraisal (FNMA 2095)
Exterior Only Condo Appraisal (FNMA 1075)
Exterior Only Condo Appraisal w/ REO (FNMA 1075)
Exterior Only Condo Investment (1075, 1007, and 216)
Exterior Only Condo Investment w/Comparable Rent Schedule (1075 and 1007)
Field Review (FNMA 2000)
Field Review w/ REO (FNMA 2000)
Retro Field Review
Multi-Family Field Review (FNMA 2000A)
Multi-Family Field Review w/ REO (FNMA 2000A)
Supplemental REO Addendum
Desktop Review
Enhanced Desktop Review
Desktop Summary Appraisal
Desktop Quantitative Appraisal
Desktop Restricted Use Appraisal (DRA2)
Comparable Rent Schedule (1007)
FHA Comparable Rent Schedule (1007)
Operating Income Statement (216)
Comparable Rent Schedule w/Operating Income Statement (1007 and 216)
FHA Comparable Rent Schedule w/Operating Income Statement (1007 and 216)
FHA Inspection (CIR)
USDA Appraisal (FNMA 1004)
USDA Condo (FNMA 1073)
USDA-RD GRH Appraisal Addendum
FHA Field Review (HUD 1038)
Employee Relocation Council Report (ERC)
Reverse Mortgage Appraisal (1004/FHA)
Reverse Mortgage Multi-Family (1025/FHA)
Second Mortgage Property Value Analysis Report (FRE 704)
Drive by Appraisal (Legacy 2055)
General Purpose Appraisal Report
General Property Inspection (no form specified)
Construction Inspection Report
Evaluation
Real Estate Value Estimate (RVE)
RPI's Price, Income, and Market Analysis Report
Property Pre-Qualification Report
LASS-O SFR/Condo Drive by
LASS-O SFR/Condo Full
LASS-O Multi-Family Drive by
LASS-O Multi-Family Full w/ Income Approach
Valuation Risk Analysis (VRA)
Disaster Area Property Inspection Report
Axis AV Desktop
Axis AV Exterior
Axis AV Interior / Exterior
Axis AV Review
Agile Appraisal w/ 3rd Party Exterior Inspection

 

[Dale Smalley]

bi·fur·ca·tion

It means somebody else is doing the inspection.

 

[HerpityDerpy]

Thanks guys! My boss keeps throwing stuff at me, but I am getting back on this project -_-

The help is appreciated, thank you andrew81!

 

[Ahhhh Yeahhhh]

Here is something to remember.

Appraisers are not vendors. Appraisers do not provide products... they provide a service. The form type is nothing more than a form type. It does not specifically address anything, nor does it refer to the fee charged or the scope of work. Don't be confused on this.