summary appraisal report

summary appraisal report

A written appraisal report with a minimum of detail. Contrast with a self-contained appraisal report.

References in periodicals archive ?
Pardee has prepared an Executive Summary of the Forecon Summary Appraisal Report which can be found on Pardee's website at www.
Further, the Summary Appraisal Report is renamed Appraisal Report and the Restricted Use Appraisal Report is renamed Restricted Appraisal Report.
The work of this committee has been completed and the first of these forms-the Residential Summary Appraisal Report for single-unit properties-has been published.
It is a fully compliant with the Uniform Standards of Professional Appraisal Practice (USPAP) summary appraisal report.
An SSDVR is a limited, summary appraisal report," explained Scott Elia of Similar Sales, Inc.
The revised forms that became effective on November 1 for Fannie Mae [January 1, 2006 for Freddie Mac and FHA mortgages] make even more clear that the forms are designed primarily for mortgage lending, both by direct statements on the forms ("The purpose of this summary appraisal report is to provide the lender/client with an accurate and adequately supported opinion of the market value of the subject property") and in substantive information requested (or not requested) within the form.
If there is more than one intended user, a Summary Appraisal Report is the appropriate choice if brevity is required.
Based upon an independent summary appraisal report, IMMI has assets with a market value of approximately $11 million consisting of real estate and equipment.
10 /PRNewswire/ -- Following the release of the revised Fannie Mae 1004 form, the Appraisal Institute is preparing to introduce AI Reports(TM) Residential Summary Appraisal Report form.
Recently, the new ERC Summary Appraisal Report, HUD's revised Valuation Checklist (VC) and Fannie Mae's manufactured housing addendum have been released to WinTOTAL users when -- or before -- they and their clients needed them.
Standards Rule 2-2(c) explains that a Restricted Report differs from a Self-Contained and a Summary Appraisal Report in detail (less in a Restricted Report) and use restriction.