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Chapter B4-1, Appraisal Requirements

Part B, Origination Through ClosingSubpart B4, Underwriting PropertyChapter B4-1, Appraisal RequirementsSection , Nontraditional Credit History10/07/2020527 Chapter B4-1, Appraisal RequirementsAppraisal RequirementsIntroductionThis Chapter explains Fannie Mae s Appraisal Requirements and This ChapterThis Chapter contains the following sections:Section , General Appraisal Requirements ..528 Section , Documentation Standards ..541 Section , Appraisal Report Assessment..552 Section , Special Appraisal and Other Valuation Considerations..590 Part B, Origination Through ClosingSubpart B4, Underwriting PropertyChapter B4-1, Appraisal RequirementsSection , General Appraisal Requirements10/07/2020528 Section , General Appraisal , Definition of Market Value (04/15/2014)IntroductionThis topic contains information on the definition of market of Market ValueMarket value is the most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus.

Chapter B4-1, Appraisal Requirements Section B3-5.4, Nontraditional Credit History 10/07/2020 527 Chapter B4-1, Appraisal Requirements Appraisal Requirements Introduction This chapter explains Fannie Mae’s appraisal requirements and guidelines. In This Chapter This chapter contains the following sections:

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