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APPRAISER Signature Name Company Address Telephone Number Date of Signature and Report Date of Inspection State Certification or State License State Expiration Date of Certification or License CURRENT LENDER/CLIENT Freddie Mac Form 442 March 2005 Did not inspect subject property Did inspect exterior of subject property from street Page 1 of 1 Fannie Mae Form 1004D March 2005. Appraisal Update and/or Completion Report File The purpose of this report form is to provide the lender/client with an...
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State Name Country Name (for state law, see State Codes) Date of Validation Date of Completion Report # (if report is completed, indicate what it adds) Report Type (1) Report # (2) Report Type (1) Report # (2) Borrower Loan Amount Borrower Date of Payment Property Tax Paid to Borrower Loan Payment Date/Time of Borrower Loan Payment Date/Time of Completion Loan/Loan Interest Paid on Borrower Loan Interest Returned to Borrower Loan Interest Returned to Borrower (in %) Loan Interest Returned to Borrower 0-500 — 1,000 25 – 250 250 – 1000 1,000 25 – 50 50 – 500 1,500 25 – 75 - 250 250 100 – 750 - 500 500 100 – 500 - 1,000 1,000 200 – 1,000 – 250 250 250-500 — 1,000 250-500 — 2,000 2,000 250-500 — 5,000 5,000 250-1,000 – 10,000 10,000 250-1,000 – 50,000 50,000 250-1,000 – 100,000 100,000 1,000-2,000 – 250,000 250,000 2,000-10,000 – 5,000,000 5,000,000 over 10,000 – 100,000 100,000 Loan Information Description and Description of Loan Name of Borrower (if different from loan amount) Account Number/Linked Account Number Borrower's Financial Information (including Address, Contact Name, Number of Family.

Who needs a form 1004D?

This form is used by property inspectors to inform a requesting party (usually, a lender or an owner of a property) of inspection results. Owners may request appraisal updates or completion reports with this form. Both are the obligation of the inspector. He must provide this file in order to determine a change in market value of the property.

What is form 1004D for?

When the owner requests an appraisal update, it means he wants to determine the property value after it was used by tenants or before it will be put up for sale. Also, the owner can use this form when he requested improvements to be made by the tenants or lessees, and he needs assurance that certain improvements have already been implemented. Used in this way, form 1004D is a completion report and documents the current state of the property.

Is it accompanied by other forms?

Yes, it is. Inspectors are requested to conduct outdoor inspections, which is why they to attach at least two photos of the property to the completed form 1004D.

When is form 1004D due?

The owner or lender will set the due date for conducting an inspection and filing this form.

How do I fill out a form 1004D?

In the first box, inspectors must write the address and legal description of the property. They need to provide the date of contract and effective date of original appraisal. They also must give the contacts of the client. If it’s a summary appraisal update, the only question to answer on this form is whether the market value of the subject property declined since the effective date of original appraisal. If it’s a completion report, inspectors must write if the improvements have been completed in accordance with the requirements and conditions stated in the original report.

Where do I send it?

Send it to the requesting party, that is, to the lender or the owner of the inspected property.

Video instructions and help with filling out and completing 1004d
Instructions and Help about 1004d inspection form
In this video we will discuss how to order an appraisal update or compliance inspection report using the connections web platform to order an appraisal update or completion form you will need to request a new appraisal order let's request that a compliance inspection report be completed for an order to do this we will click on the request appraisal navigation tab once on the request appraisal page you will simply choose the payment type the transaction type for the order then you'll enter the lender loan number make sure that the lender loan number matches the original lender loan number that you ordered the original appraiser with next you will see that a pop-up appears letting you know that the lender loan number you entered has matched a lender loan number already in our system, and it would like you to select the connections numbers to link together it's important that you link the orders together so that the order will flow through the CDP portal correctly as well as be assigned to the original appraiser assigned to the order be sure and click next to the connections ID for the orders you'd like to link together and click OK the box then disappears you will then complete the rest of the appraisal information as you normally would then click on request appraisal filling in any payment information once you've completed this the order will be assigned to the original appraiser and your 1004 D completion report will be returned to you shortly thank you for joining us for this video learning tutorial
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