Need help with form selection

[KJR2008]

Was reading an article about most common mistakes made by appraisers. #1 mistake was appraisers using Fannie Mae forms for non lending transactions. Which form in WinTotal would be used for non lending transactions?

 

[Mike Kennedy]

WinTOTAL Aurora


This update contains the new General Purpose Residential forms

 

[josephdifranco]

KJR,

If you go one form back versus the latest single family form, you should have what you need.

 

[matthewl]

I would like to see the article that you mention. Any chance you remember where you read it?

 

[KJR2008]

I would like to see the article that you mention. Any chance you remember where you read it?

here is a link to the site, page 4

http://oregonaclb.org/media/Spring2008Newsletter.pdf

 

[Mary Tiernan]

Interestingly, USPAP Standard 2 states the form is not a matter of USPAP.

Prior to the new Fannie (2005) forms, the old 1004 was the only form available for estate/divorce work except a narrative report.

Recently the software companies provided a GPAR form which is a plain label report form which does not have some of the Fannie statements in the addendum. Some appraisers continue to use the old 1004 for divorce/estate work.

What I read on page 4 is only that altering the report to change the preprinted Limiting Conditions when the report is intended for Fannie Mae is not allowed as Fannie Mae does not allow changes to their report form.