One-Unit Residential Appraisal Field Review Report (FNMA 2000)
The Residential Appraisal Review Report (Form 2000) is used to review a one-unit property such as a detached or attached single family home, manufactured home, condominium or co-op. A review appraiser uses this form to judge the accuracy of the data in the appraisal report and to develop an opinion of the appropriateness of the appraisal methods and techniques that were used in preparing the appraisal.
At a minimum, the review appraiser must do the following:
Read the entire appraisal report under review
Inspect the subject property and comparable sales described in the appraisal report from the street. If the review appraiser inspects the interior of the subject, they must note that in the appraisal review report.
Inspect the neighborhood in which the subject is located
Research all appropriate data
Verify the data in the original appraisal report using all reliable sources
Assume the property condition reported in the original appraisal report is accurate, unless there is evidence to the contrary
The complete field review report includes the following:
Exterior inspection of the subject property and comparable properties
Front and street scene photographs of the subject property
Photographs of each comparable property
A map locating the subject, the comparables in the appraisal under review and any comparables introduced by the reviewer
Appropriate certifications and limiting conditions that are Uniform Standards of Professional Appraisal Practice (USPAP) compliant
The TruValue Difference
TruValue prides itself on producing the most accurate and timely appraisals possible by:
Using Intelligent Quality Control, our pro-active quality control process that leads to more one-touch appraisals
Organizing customer service around you, with a single point of contact – no more being transferred from person to person
Being singularly focused on residential real estate valuation and your success
TruValue offers a Residential Appraisal Review Report as part of its suite of residential appraisal products. To learn more about TruValue’s appraisal services, contact us today at 561-568-5515.
When you order an appraisal report from us, you can expect. . . .
Prompt response to your initial inquiry: We will give you personalized information for your particular appraisal need. Just tell us your situation and we will make suggestions. Do you want to sell your home quickly or for the highest value?
Quick turnaround time: Typically 2-3 days from the date the request is received. If you've chosen to receive a copy of your appraisal or consulting report via the Internet (EDI), you'll receive it within MINUTES of its completion.
Appraisal and consulting reports formats to suit YOUR needs: When it comes to appraisal and consulting, "One size does NOT fit all!" We offer a variety of report types and delivery methods. We can deliver your report attached to a standard email, or notify you of an Internet site to download your report, the MINUTE it's completed!
Quick response to follow-up questions: Our reports are clearly written, understandable, and meet or exceed the Uniform Standards of Professional Practice that governs the appraisal practice. If you have any questions regarding your appraisal, after you've read the report, we encourage you to email or call us!