Question

Fannie Mae's pre-printed scope of work in the URAR form requires an appraiser to:

a. Perform a complete visual inspection of the interior and exterior of the subject property
b. Inspect the neighborhood
c. Inspect the comparable sales from the street
d. All of these answers

Answer 1

The scope of work in the URAR form by Fannie Mae requires appraisers to inspect the interior and exterior of the property, the neighborhood, and comparable sales from the street.

Step-by-step explanation:

Fannie Mae's pre-printed scope of work in the Uniform Residential Appraisal Report (URAR) form requires an appraiser to perform a complete visual inspection of the interior and exterior of the subject property, inspect the neighborhood, and inspect the comparable sales from the street. These tasks are crucial for accurate valuation, ensuring that appraisers consider all factors that can affect a property's market value, from its physical condition and location to recent sale prices of similar properties.