- Jan 14, 2002
- Professional Status
- Certified Residential Appraiser
what form do I use for an FHA Condo assignment? Can I use the Fannie Mae condo form (1073)? Or do I have to use the 1004?
You only get into Limited Appraisals when you provide less than what would typically be provided in developing a report. A limited appraisal invokes the departure rule....The income approach was considered, but not developed due inapplicability. The subject property type and location is not within the range of properties considered by investors at the present time.