Services

This report is used for appraising single-family residences. An interior and exterior inspection of the subject is completed. The appraiser provides an opinion of value based upon one of the three valuation methods; Sales Comparison Approach, Cost Approach, or Income Approach.

This report is used for appraising manufactured homes. An interior and exterior inspection of the subject is completed. The appraiser provides an opinion of value based upon one of the three valuation methods: Sales Comparison Approach, Cost Approach, or Income Approach.

This report is used for appraising manufactured homes. An interior and exterior inspection of the subject is completed. The appraiser provides an opinion of value based upon one of the three valuation methods: Sales Comparison Approach, Cost Approach, or Income Approach.

This report is used for appraising of 2–4-unit residential income properties. It includes an interior and exterior inspection of the subject property. The appraiser provides an opinion of value based upon one of the three valuation methods: Sales Comparison Approach, Cost Approach, or Income Approach.

This report is used for appraising Individual Condominium Units. An interior and exterior inspection of the subject is completed. The appraiser provides the Sales Comparison Approach to  determine an opinion of value.

This report is used for appraising Individual Condominium Units. An exterior-only inspection of the subject is completed. The appraiser provides the Sales Comparison Approach to determine an opinion of value.

This is used for appraising single-family residences. An exterior-only inspection of the subject is completed. The appraiser provides an opinion of value based upon either the Sales Comparison Approach, or the Cost Approach.

This is a property inspection report that identifies if the subject conforms to the neighborhood, notes any physical inadequacies, reveals any adverse physical conditions, or if the subject property does not conform to the neighborhood. An exterior-only inspection of the subject is completed. No opinion of value is provided.

This is a property inspection report that identifies if the subject conforms to the neighborhood, notes any physical inadequacies, reveals any adverse physical conditions, or if the subject property does not conform to the neighborhood. An exterior-only inspection of the subject is completed. No opinion of value is provided.

This report is designed to analyze an appraisal report completed on a single unit property by a different appraiser. The review appraiser analyzes all information and conclusions from the original report and completes an exterior-only inspection of the subject and comparable properties. A statement indicating if the value of the original report is supported will be provided.

This report is designed to analyze an appraisal report completed on a single unit property by a different appraiser. The review appraiser analyzes all information and conclusions from the original report, completes an exterior-only inspection of the subject and comparable properties, and provides two additional comparables. A statement indicating if the value of the original report is supported will be provided.

This report is designed to analyze an appraisal report completed on a Two-to Four-Unit property by a different appraiser. The review appraiser analyzes all information and conclusions from the original report and completes an exterior-only inspection of the subject and comparable properties. A statement indicating if the value on the original report is supported will be provided.

This report is designed to analyze an appraisal report completed on a Two-to Four-Unit property by a different appraiser. The review appraiser analyzes all information and conclusions from the original report, completes an exterior-only inspection of the subject and comparable properties, and provides two additional comparables. A statement indicating if the value of the original report is supported will be provided.

This report is designed to analyze an appraisal report completed by a different appraiser. The review appraiser analyzes all information and conclusions from the original report. No inspection of the subject or comparable properties is completed. A statement indicating if the value of the original report is supported will be provided.

This form is used for inspecting properties that are within areas that have been affected by natural disasters such as earthquakes, fire, flood, hurricane, landslides, severe thunderstorm, tornado, volcano, or wildfire. A Catastrophic Disaster Area Inspection report provides an assessment of the interior and exterior of the property as well as the surrounding neighborhood.

This report form is designed to report an appraisal of a vacant land or property only. Market value is attributed to the land against corresponding comparable properties.

The Fannie Mae/Freddie Mac Desktop was released in March 2022. This is a full valuation completed by a Licensed or Certified appraiser. However, the appraiser does not visit the property site and instead obtains the data necessary to complete the valuation through available data sources such as MLS and Public Records. Both Fannie Mae and Freddie Mac require a Floorplan with interior walls be included in the final report.

The Fannie Mae Value Acceptance + Property Data extends value acceptance (appraisal waiver) benefits to more borrowers while identifying current subject property characteristics including condition. Benefits include Reduces origination cycle time and may reduce borrower costs, promotes safety / soundness by obtaining current observation of the subject property, and provides operational simplicity and certainty at application.

ACE (automated collateral evaluation) is a Freddie Mac appraisal waiver solution and NAN is a verified software partner for the PDR (Property Data Report) solution. ACE+ PDR allows lenders to originate cash-out and certain non-cash-out refinance loans without an appraisal. With ACE+ PDR, additional property information is physically collected on-site by trained data collectors using the Freddie Mac PDR dataset, in lieu of an appraisal.

The Fannie Freddie Hybrid 1004/70H is an appraisal assignment for which the scope of work includes reviewing a recent report containing an interior/exterior standardized property data report that has been performed by a third-party inspector in lieu of the appraiser performing a personal inspection. Eligibility is in the pilot phase right now, but NAN is ready to assist once the Fannie Freddie Hybrid 1004/70H is fully rolled out.

(PCR) is used to gain insights into a property’s condition and characteristics. A PCR report addresses subject and neighborhood conditions, marketability and other influences on market value.  The assessment is performed by a local real estate professional.

• Exterior PCR 
• Interior PCR 
• Interior PCR w/Floor Plan