USPS vs. Title co.

[Edward OConor]

The USPS web site indicates for the zipcode that the "actual city name" is "Jamaica" and lists several other neighborhood names as possible alternatives. The title co. only indicates one of the neighborhood names.

Is it acceptable (under UAD) to have the following as the city: "Jamaica (aka neighborhood name)" ?

 

[Fritz in NY]

I see this often in Albany, NY. My house has a zip of 12054 and a mailing address of Delmar, NY. Title Co. has always had it listed as "Bethlehem" NY 12054. It is in the town of "Bethlehem" but there is no such ZIP. Title Co. won't change their position. Another grey area to deal with in a check box world.

 

[Pittsburgh Pete]

The vast majority of the Pittsburgh suburbs have a Pittsburgh mailing address--any zipcode beginning 152-- is a Pittsburgh post office address. Always indicate in what municipality the property is situated elsewhere when describing the neighborhood. Never has been a problem.

We too have several post offices that don't exist as town, boroughs, or townships. It is what it is from the post offices point of view.

 

[sputnam]

The UAD rule isn't that you have to use the USPS address....it's that you have to report the address in USPS format. Usually, the least painful thing to do is match the title company/lender on the top of the form and add explanatory comments.

 

[xerou]

The UAD rule isn't that you have to use the USPS address....it's that you have to report the address in USPS format. Usually, the least painful thing to do is match the title company/lender on the top of the form and add explanatory comments.

I concur, just comment in the addendum as to the difference in the addresses.

 

[residentialguy]

You are to put the actual physical address, not the USPS mailing address.

Check the zoning map...that should tell you what city it is located in. As correct said above, comment in the addendum.

Here's what I put and I never have issue.

SUBJECT CITY
The subject is physically located in the city of Shorewood. The updated UAD Field-Specific Standardization Requirements (Document Version 1.3, updated April 10, 2012) states: "The appraiser must enter the physical property address in a formatthat conforms to the United States Postal Service (USPS) address standards in Publication 28 – Postal Addressing Standards (pub28) for complete addresses. Address standards can be found at USPS.gov. The subject address must be populated consistently throughout the form." The actual USPS city mailing name for this zip code is Excelsior. This has no adverse affect on value. The physical address in correct format of USPS standards and is populated consistently throughout the form, thus is in compliance to the stated UAD requirements.

 

[zdfenton]

Publication 28 is pretty clear that "The Postal Service defines a complete address as one that has all the address elements necessary to allow an exact match with the current Postal Service ZIP+4 and City State files to obtain the finest level of ZIP+4 and delivery point codes for the delivery address."

I continue to believe that Fannie's documentation on this matter requires the address match the USPS address.

I think it's easy to get hung up on "physical address." What one person defines as the "physical address" doesn't seem to mean the same thing by Fannie Mae's definition.

 

[residentialguy]

Zdfenton. They changed it because of the confusion with USPS. The orig UAD stated:

Document Version 1.1
Property Address, City, State, ZIP Code
The appraiser must enter an address that conforms to the United States Postal Service (USPS) address standards in Publication 28 – Postal Addressing Standards (pub28) for complete addresses. Address standards can be found at USPS.gov. The subject address must be populated consistently throughout the form. ​

[FONT=Times New Roman,Times New Roman]Because of the uproar & confusion from appraisers, it was revised [/FONT]​

[FONT=Times New Roman,Times New Roman]UAD Specifications, (Document Version 1.3, updated April 10, 2012) states: "The appraiser must enter the physical property address in a format that conforms to the United States Postal Service (USPS) address standards in Publication 28 – Postal Addressing Standards (pub28) for complete addresses. Address standards can be found at USPS.gov. The subject address must be populated consistently throughout the form."[/FONT]​

Look how it was changed. "an address that conforms to the United States Postal Service (USPS) address standards in Publication 28" was changed to "must enter the physical property address in a format that conforms to the United States Postal Service (USPS) address standards in Publication 28 "
They want you to put down the actual physical address and format it to USPS standards. Avenue = Ave

[FONT=Times New Roman,Times New Roman]Major cities would be eliminated and the address would even reflect completly different counties. Edina is a major upscale suburb with about 50,000 (one of the most affluent citites in MN), but it doesn't exist with the mailing address...it's all Mpls. There is no way to put the mailing address on the form....it would be totally wacked. Are your taxes based on mailing address? No.[/FONT]​

[FONT=Times New Roman,Times New Roman]TimD, who worked with the UAD development clarified that it was not the mailing address, but the physical address of where it is actually located is what should be stated on the grid. [/FONT]
[FONT=Times New Roman,Times New Roman][/FONT]
[FONT=Times New Roman,Times New Roman]Actual physical city in the address...Explain the mailing address difference in the comments.[/FONT]​

 

[CANative]

Put in D'yer Mak'er and see what they say.

 

[Jo Ann Meyer Stratton]

Get the actual situs address from the local county or city office that assigns address. Then report that address in the matter of the USPO. 123 S Main St, city where the home is located, state, zip code for that address and if there isn't a four digit extension use 0000. There are several towns in my two counties that do not have mail delivery, every one has a box at the post office. So the addresses can not be found in USPS data, so I use 0000 quite often.