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Market Conditions Addendum, 1004mc


Description

The Market Conditions Addendum to the URAR, 1004mc, is a required appraisal addendum for all appraisal reports with an effective date on or after 4/1/09. This course provides an overview of the purpose of the addendum, explains each section including calculations and trends, and clarifies the correlation of the sections of the addendum to the appropriate sections of the 1004, Uniform Residential Appraisal Report. This course is module 9 of the Analyzing the SFR Appraisal.

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Agenda

  • Purpose
  • Review each section of the 1004mc

Length

  • Approximately 15 minutes

Recommended Attendees

  • Entry level course: This course is most valuable for persons with a limited understanding of the Market Conditions Addendum to the URAR, 1004mc, and is seeking a basic overview of how to read and understand this appraisal addendum.
  • Target audience: Operations: Loan Processors, Underwriters

Prerequisite

  • None

Materials

Questions?

  • Contact Tina Callisto at 925.658.6836

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