Question

The Fannie Mae 1004 form may be used to report an appraisal on:

a. Single-family homes with accessory units
b. Single-family homes
c. Units in planned unit developments
d. All of these answers

Answer 1

The Fannie Mae 1004 form, or Uniform Residential Appraisal Report, is used to report an appraisal for single-family homes with accessory units, single-family homes, and units in planned unit developments. Therefore, all options listed in the question are correct.

Step-by-step explanation:

The Fannie Mae 1004 form, also known as the Uniform Residential Appraisal Report (URAR), is designed to report an appraisal of a variety of property types. This form can be used to report an appraisal on:

• Single-family homes with or without accessory units
• Single-family homes
• Units in planned unit developments

Therefore, the correct answer is d. All of these answers. The Fannie Mae 1004 form is versatile and covers a range of single-family residential property appraisals, including those with accessory units and those located in planned unit developments.