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SACHA/VA Case No. FIR REA / USPAP ADDENDUM Borrower Property Address Cylinder/Client Roy Jones Jr, Inc 2285 Welcome Rd Cantonment PNC Backcountry EscambiaStateFLZip Code32533PurposeThe purpose of
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How to fill out firrea uspap addendum

01
To fill out the FIRREA USPAP addendum, follow these steps:
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Start by reading through the addendum carefully to understand its purpose and the information it requires.
03
Begin by providing the necessary identification details, such as your name, address, and contact information.
04
Fill out the section that asks for information about the subject property, including its address, legal description, and other relevant details.
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Proceed to provide information about the appraiser, including their qualifications and certifications.
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Answer any questions or provide additional explanations as directed by the addendum.
07
Add any additional attachments or supporting documentation required by the addendum, such as maps, photographs, or research reports.
08
Review the completed addendum to ensure all information is accurate and complete.
09
Sign and date the addendum to confirm your compliance and agreement with its contents.
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Submit the filled-out addendum along with any other requested documents to the appropriate recipient or authority.

Who needs firrea uspap addendum?

01
The FIRREA USPAP addendum may be needed by individuals or companies involved in real estate appraisals, particularly in the United States.
02
This includes real estate appraisers, appraisal management companies, financial institutions, government agencies, and other entities responsible for ensuring compliance with the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) and the Uniform Standards of Professional Appraisal Practice (USPAP).
03
The specific need for the addendum may vary depending on the requirements of the appraisal assignment or regulatory jurisdiction.
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The FIRREA USPAP addendum is a document that provides additional information about a property valuation that is being submitted to a financial institution.
Appraisers and valuation professionals who are providing property valuations to financial institutions are required to file the FIRREA USPAP addendum.
The FIRREA USPAP addendum can be filled out by including all the necessary information requested on the form, such as property details, valuation methods used, and any additional comments or explanations.
The purpose of the FIRREA USPAP addendum is to provide a more comprehensive understanding of the property valuation and the methods used to arrive at the valuation.
The FIRREA USPAP addendum typically requests information such as property details, valuation methods used, any assumptions made during the valuation process, and any limiting conditions that may affect the valuation.
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