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The new Fannie Mae forms are here, and the world of residential appraisal will never be the same. Using Residential Appraisal Report Forms addresses the reasons for the changes to the forms and their ramifications and provides up-to-date, relevant instruction on completing both the Uniform Residential Appraisal Report (Form 1004) and Exterior-Only Inspection Residential Appraisal Report (Form 2055). Designed for individual or classroom use, this new guide to the single-unit residential appraisal report forms can be used as a reference by experienced appraisers and as a training manual for novices. The book follows the layout of the forms with line-by-line instructions for completion and includes dozens of real-world examples that provide context for the instructions. The examples focus on strategies for achieving best practice and overcoming common mistakes made in the field, providing practitioners with the tools they need to perform every residential appraisal assignment with confidence and competence.

 

About the Author
Mark R. Rattermann, MAI, SRA, is a senior partner with REsource, LLC, a real estate appraisal firm in Indianapolis. He is active in the Appraisal Institute education program and teaches at various real estate schools, trade associations, and community colleges in Indiana. He has written articles for The Appraisal Journal and is the author of Residential Sales Comparison Approach: Deriving, Documenting, and Defending Your Value Opinion.