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Uniform Appraisal Dataset (UAD) SpecificationIssued by Fannie Mae and Freddie Appendix F3: Completion Report Reference GuideDocument Version 1.0
June 27, 2023This document relates to the Uniform Mortgage
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How to fill out uniform appraisal dataset uad

How to fill out uniform appraisal dataset uad
01
Obtain the correct version of the Uniform Appraisal Dataset (UAD) form.
02
Fill in the subject property and comparable property information accurately.
03
Include all required fields such as property characteristics, condition, and location.
04
Use standardized codes and abbreviations as specified in the UAD guidelines.
05
Provide clear and concise explanations for any adjustments made to comparables.
06
Verify all information for accuracy before finalizing the appraisal report.
Who needs uniform appraisal dataset uad?
01
Appraisers
02
Lenders
03
Fannie Mae and Freddie Mac
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What is uniform appraisal dataset uad?
Uniform Appraisal Dataset (UAD) is a standardized appraisal reporting format established by Fannie Mae and Freddie Mac for mortgage lenders to use in assessing the value of a property.
Who is required to file uniform appraisal dataset uad?
Appraisers and lenders are required to file the Uniform Appraisal Dataset (UAD) when preparing appraisal reports for loans sold to Fannie Mae and Freddie Mac.
How to fill out uniform appraisal dataset uad?
To fill out the Uniform Appraisal Dataset (UAD), appraisers and lenders must follow the guidelines and requirements set forth by Fannie Mae and Freddie Mac, including using specific data points and standardized language.
What is the purpose of uniform appraisal dataset uad?
The purpose of the Uniform Appraisal Dataset (UAD) is to standardize the reporting of appraisal information, making it easier for lenders to assess the value of a property and reducing the risk of errors or inconsistencies.
What information must be reported on uniform appraisal dataset uad?
The Uniform Appraisal Dataset (UAD) requires information such as property characteristics, comparable sales data, and condition ratings to be reported in a standardized format.
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