Get the free Fannie Mae Photograph Addendum - MultiForm

RD Fur Construction HOMES BUILT AROUND YOU 2038 Oleander Drive Wilmington, NC 28403 Phone: 1-800-235-1600 Email: return multiform.com PHOTOGRAPH ADDENDUM Borrower/Client: File #: Camilla Patterson

How to fill out fannie mae photograph addendum

How to fill out Fannie Mae photograph addendum:

1. Obtain the Fannie Mae photograph addendum form: You can find the form on the Fannie Mae website or ask your real estate agent or mortgage lender for a copy.
2. Review the instructions: Read through the instructions provided with the form to understand the purpose and requirements of the photograph addendum.
3. Gather the necessary photographs: The addendum may require specific photographs of the property, such as the front exterior, living areas, bedrooms, kitchen, and bathrooms. Ensure you have clear and well-lit images for each required section.
4. Complete the property information: Fill in the requested details about the property, such as the address, owner's name, and any additional information required to identify the location.
5. Attach the photographs: Carefully affix each photograph to its designated section on the addendum form. Ensure the images are securely attached and clearly show the relevant areas of the property.
6. Review and verify the information: Double-check that all the completed sections are accurate and that the attached photographs match the respective descriptions. Make any necessary corrections or adjustments.
7. Date and sign the addendum: Provide the current date and sign the addendum in the appropriate section. If multiple parties are involved (e.g., owners or agents), ensure all relevant individuals sign the form.
8. Submit the addendum: Depending on the purpose of the addendum, you may need to submit it to a specific party or include it with other required documents. Follow the instructions provided to ensure the addendum is properly delivered.

Who needs Fannie Mae photograph addendum?

1. Homeowners selling their property: If you are selling a home and the buyer's mortgage lender requires a Fannie Mae photograph addendum, you will need to provide the completed form with the necessary property photographs.
2. Real estate agents and brokers: Professionals representing sellers or assisting buyers in the home buying process may need to facilitate the completion and submission of the Fannie Mae photograph addendum to comply with the lender's requirements.
3. Mortgage lenders and loan servicers: Lenders and loan servicers who follow Fannie Mae guidelines may request a photograph addendum to assess the condition and value of the property for mortgage purposes.
4. Home appraisers: Appraisers conducting property valuations for loans backed by Fannie Mae may need to include a completed photograph addendum to document the property's condition and features accurately.
5. Homebuyers using Fannie Mae financing: If you are obtaining a mortgage backed by Fannie Mae for purchasing a property, your lender may require a photograph addendum as part of the underwriting process. This ensures an accurate assessment of the property's value and condition.

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What is fannie mae photograph addendum?

Fannie Mae Photograph Addendum is a form used to provide detailed information about the condition and features of a property being appraised.

Who is required to file fannie mae photograph addendum?

The appraiser who is conducting an appraisal on behalf of Fannie Mae is required to file the Fannie Mae Photograph Addendum.

How to fill out fannie mae photograph addendum?

The appraiser must thoroughly inspect the property, take photographs, and provide detailed descriptions of the condition and features on the Fannie Mae Photograph Addendum form.

What is the purpose of fannie mae photograph addendum?

The purpose of Fannie Mae Photograph Addendum is to provide additional visual and descriptive information about the property being appraised to support the valuation.

What information must be reported on fannie mae photograph addendum?

The Fannie Mae Photograph Addendum requires information such as property address, condition of the property, features of the property, and any relevant comments or explanations by the appraiser.