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Financing in 36567 : Real Estate Advice

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  • Local Info1
  • Home Buying4
  • Home Selling1
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Activity 1
Tue Jul 7, 2009
Fred Griffin answered:
The Appraisal is an Estimate of Property Value done for the Bank or Lender.

Most appraisals today are governed by the new Home Valuation Code of Conduct

The most common Residential Appraisal Form is Fannie Mae Form 1004 / Freddie Mac Form 70

The Appraisal may now require the Market Conditions Addendum to the Appraisal Report

Best wishes to you,
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