Fannie Mae's Form 2075 is a document all home sellers must complete and submit to the mortgage lender in order to disclose pertinent information about the home being sold. The form covers topics like the physical condition of the property, any outstanding liens or claims against it, and any recent or pending changes to its zoning or use. Completing and submitting Form 2075 is a key part of the home sale process, so it's important to understand what's required on it. This blog post will give you a basic overview of what Fannie Mae Form 2075 is and what information you need to provide on it. Stay tuned for future posts that will go into more detail about each section of Form 2075.
Question | Answer |
---|---|
Form Name | Fannie Mae Form 2075 |
Form Length | 2 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 30 sec |
Other names | how to 2075, 2075 report, 2075 appraisal form, 2075 inspection report |
Instructions
Desktop Underwriter Property Inspection Report
Desktop Underwriter's enhanced risk assessment capability enables the use of the Desktop Underwriter® Property Inspection Report (Form 2075), which requires an
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Form 2075 is not an appraisal report. When Desktop Underwriter recommends Form 2075, it has judged the reasonableness of the sales price as adequate collateral for the mortgage loan. Therefore, a property appraisal is not required for the specific transaction.
Copies
Original, plus one.
Printing Instructions
This form must be printed on legal size paper, using portrait format. When printing this form, you must use the "shrink to fit" option in the Adobe Acrobat print dialogue box.
Instructions
When Desktop Underwriter recommends Form 2075, we will rely on the property valuation performed by the system's proprietary automated valuation model. Lenders are required to obtain an
The appraiser must attach any required exhibits to support each inspection report. The required exhibits for Form 2075 are a street map that shows the location of the subject property and a photograph that shows the front of the subject property.
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