What order do you put your 1004 in?

[residentialguy]

Just curious as to what order you put your FNMA 1004 appraisal in.

Include:

4 or more comps
Active listing(s)
Additional subject photos
Additional comments
1004MC

 

[CANative]

For example...

 

[NORTON]

invoice
cover page
URAR
extra comps
1004 MC
text page
plat map
sketch
subject photos
location map
comp photos
license

 

[residentialguy]

Invoice
Title
Letter of trans
pg 1
pg 2
comps 4-6 (since page 2 = comps 1-3)
comps 7-9 (if used)
active listing comps
extended comments (since it applies mainly to pages 1, 2 & comps)
1004MC
sketch
location map
plat map
subj photos
additional subj photos
comp photos
active listing photos
pages 3-6 (which most don't even bother reading)

 

[Michigan CG]

Yesterday's report was:

Cover Page
General Purpose Form
Location Map
Supplemental Addenda 28 pages.

Supplemental addenda includes:

• Scope of Work
• Subject Description
• Subject photos
• Definition of Hypothetical Condition
• Sketch Pages
• Flood Map
• Highest and Best Use Analysis
• Market Value Definition
• Discussion of Comparable Properties
• Comparable Property Photos with Interior photos from MLS
• Descriptions and reasons for all adjustments
• Market Conditions Support
• Reconcilitation of Value
• CYA Stuff
• Contingent and Limiting Conditions
• Certification

 

[residentialguy]

Yesterday's report was:

Cover Page
General Purpose Form
Location Map
Supplemental Addenda 28 pages.

Only 28 pages of supplemental? Another skippy.

:icon_lol: just joking.

It's interesting to see how they vary in order. I try to put mine in order of how the lender would look at them in reviewing the appraisal, ie look at comps in order, read how you came to the conclusions of the previous pages they just read, etc. Of course, that's all subjective, LOL

 

[OSU Beavers]

You guys must have WinTotal, I don't think I can break up the URAR in ACI.

Does not matter, when Fannie requires us all to send in AI ready our reports will be scrambled in whatever order that data sifting meat grinder spits it out in.

 

[woodsytf]

INVOICE! with order, deliver, invoice and due dates

URAR (or other major form)

additional comps

MC form

Acknowledgement/certification/scope/addenda page

subject sketch

county/city tax map

overhead map and/or survey if available

location map

subject pics

comp pics

historic trend info/graphs (if available)

license

 

[Tim Hicks (Texas)]

Invoice
URAR
Map
Picture

 

[Mike Garrett RAA]

28 pages of .....?

Gee, I must be a slacker as must the people who have read about 13,000 of my reports.

Invoice
Cover Page with photo
Summary of Salient Features
URAR (6 pages)
Additional comps (if needed)
1004MC
Subject Photo page
Interior photo page (from 1 - 10)
Sketch page
Plat Map page (here comes Jo)
Location Map
Comp Pictures
License