Manufactured Home Appraisal Report-1004C
Manufactured Home Appraisal Report-1004C Form is required for the appraisal of manufactured homes, any dwelling unit built on a permanent chassis and attached to permanent foundation.
Description of Manufactured Home Appraisal Report-1004C Form:
Manufactured Home Appraisal Report provides an appraisal of a one-unit manufactured home using Fannie Mae 1004c and Freddie Mac 70B Forms. The report includes an interior and exterior inspection of the subject property and ensures that an appraiser at a minimum, inspected, considered, and/or reported the appropriate information including:
- Type of foundation and utility connections
- Opinion of the market value of the site
- Manufacturer’s name, trade or model name
- Year of manufacture
- Serial number
- Certification label number(s) from either the HUD date plate or certification label(s)
- Detailed and supported cost approach
- The property’s conformity to the neighborhood
- A floor plan sketch with exterior dimensions and gross living area calculations
- Subject property photos including front, rear, street scene
- Comparable sales photographs
- Location map showing accurate locations of the subject and all sales utilized in the report and appropriate certifications and limiting conditions
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