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For RAN MLS Appraiser Members: Help Tips for completing the 1004MC Form (revised March 2009) The statistical numbers needed for the fields on the 1004MC can be found on the bottom of the One liner
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To fill out the 1004mc help doc, follow these steps:

01
Start by gathering all the necessary information, such as recent sales data and comparable properties in the area.
02
Begin the form by filling out the general property information, including the property address, date, and other relevant details.
03
Move on to the Sales Comparison Analysis section, where you will need to enter the sale prices of the comparable properties. Comparables can be found through local real estate databases or by consulting with a real estate agent.
04
Calculate the median sale price of the comparables and enter it in the corresponding field on the form.
05
Proceed to the Market Conditions section. Here, you will need to analyze the market trends and indicate whether it is declining, stable, or increasing. This can be done by studying recent sales data, market reports, or consulting with experts in the field.
06
Input the appropriate market conditions indicator (declining, stable, or increasing) based on your analysis.
07
Complete the Neighborhood Market Conditions section, where you will need to provide an overview of the current market conditions in the neighborhood. Include relevant details, such as the number of active listings, recent sales, days on market, and supply and demand factors.
08
Finally, review the completed 1004mc help doc for accuracy and make any necessary revisions before submitting it.

Who needs the 1004mc help doc?

The 1004mc help doc is primarily needed by real estate professionals and appraisers who are evaluating the market conditions for a specific property. These individuals use the form to analyze and report on comparable sales, median sale prices, and market trends in order to determine the value of a property accurately. Additionally, lenders and financial institutions may also require the 1004mc help doc to assess the risk and feasibility of a mortgage loan.
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1004mc is a market conditions addendum that is required for certain appraisals in the U.S. real estate industry.
Real estate appraisers are required to file the 1004mc help doc.
The 1004mc help doc is filled out by analyzing and reporting on various market conditions data related to the subject property.
The purpose of the 1004mc help doc is to provide lenders and other stakeholders with a clear understanding of the market conditions surrounding a property.
Information such as comparable sales data, market trends, and analysis of the subject property's location must be reported on the 1004mc help doc.
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2009 2008 Oneliner 1004MC MLS RANW InnoVias Appleton RANWs InnoVia DM browsers Appraisers municipality Appraiser Absorption Totals Median Comparable listings selecting ranges specified completing statistical Calculating revised searches geographic criteri

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