Appraisal: SFR

Condition and Marketability Report FHLMC 2070

Summary appraisal report that conforms to USPAP requirements

Reports general condition of the subject property and marketability factors

Reports current market conditions of the neighborhood

Option for upgrade path as adverse factors are observed

No estimate of market value

Property Inspection Report FNMA 2075

Exterior inspection of the subject property from the street

Report consists of limited subject property and marketability factors

No estimate of market value

Exterior Only Inspection Residential Appraisal Report FNMA 2055

Summary appraisal report documentation but includes extensive property information

Provides quantitative adjustments to comparable sales

Estimates a specific value

Increase efficiency and reduce costs

Detailed comparable grid includes all important components for adjustment

Uniform Residential Appraisal Report (URAR) FNMA 1004

Most comprehensive collateral assessment product offered by Jungroth Appraisal

Considers market value trends, supply and demand and marketing times

Provides indicated value by cost approach

Provides a sales comparison analysis grid with indicated value by sales comparison approach

Detailed comparable grid includes fence, pool, porch, patio, deck, garage/carport, heating/cooling and functional utility

Quantitative adjustments to comparable sales

Estimates a specific market value

Field Review Report FNMA 2000

Used to determine the completeness and accuracy of the data in an appraisal report

Verifies accuracy of market value as of the effective date of original report

Includes comprehensive analysis to determine the completeness and accuracy of all appraisal components

Provides additional comparable sales if the sales utilized in the original report were not comparable to subject

Provides a market supported estimated of value, if the original value was considered not reasonable

Includes a signed Appraiser's Certification