Section 01
Summary
Appendix B-1, page 77
The Summary section provides a synopsis of key information from the URAR to serve as a quick reference to the reader, including actions to be taken into consideration by a reviewer.
The data in this section is redisplayed from other sections of the report.
The Summary section always displays. The Source Section FID column indicates the origin of the summary data. All information repopulates from the associated source sections.
Summary: General Information
| Report Field ID | Report Label | Source Section FID | Original Section |
|---|---|---|---|
| 1.000 | Address | 3.000 | Subject |
| 1.001 | Opinion of Market Value | 26.007 | Reconciliation |
| 1.085 | (Cooperative Interest) | 26.074 | Display (Cooperative Interest) when it is displayed in Reconciliation. |
| 1.002 | Final Value Condition Statement | 26.013 | Reconciliation |
| 1.003 | Effective Date of Appraisal | 26.011 | Reconciliation |
| 1.004 | Assignment Reason | 2.000 | Assignment Information |
| 1.005 | Borrower Name | 2.001 | Assignment Information |
| 1.006 | Current Owner of Public Record | 2.003 | Assignment Information |
| 1.007 | Contract Price | 20.004 | Sales Contract | Reconciliation |
| 1.008 | Listing Status | 19.002 | Subject Listing information − for most recent listing |
| 1.009 | Market Value Condition | 26.009 | Reconciliation |
| 1.010 | Property Valuation Method | 2.004 | Assignment Information |
| 1.011 | Appraiser Name | 2.017 | Assignment Information |
Example:
In Figure 1 - 1, the Summary section redisplays Opinion of Market Value, Effective Date of Appraisal, and Market Value Condition from the Reconciliation section of the report.
Figure 1 - 1
Property Description#
The Property Description subsection always displays.
Summary: Property Description
| Report Field ID | Report Label | Source Field ID | Original Section |
|---|---|---|---|
| 1.012 | Construction Method | 8.011 | Dwelling Exterior - display all unique values for each occurrence of ConstructionMethodType when ImprovementType = "Dwelling" If there are multiple unique construction methods, display as stacked on a separate line. |
| 1.013 | Attachment Type | 3.004 | Subject Property |
| 1.014 | Structure Design | 8.002 | Dwelling Exterior |
| 1.015 | Planned Unit Development (PUD) | 3.010 | Subject Property |
| 1.016 | Condominium | 3.011 | Subject Property |
| 1.017 | Cooperative | 3.012 | Subject Property |
| 1.018 | Condop | 3.013 | Subject Property |
| 1.019 | Observed Project Deficiencies | 18.014 | Project Information |
| 1.020 | Subject Site Owned in Common | 3.015 | Subject Property |
| 1.021 | Units Excluding ADUs | 3.005 | Subject Property |
| 1.022 | Accessory Dwelling Units | 3.006 | Subject Property |
| 1.023 | Property Rights Appraised | 3.019 | Subject Property |
| 1.024 | Is the highest and best use of the subject property as improved (or as proposed per plans and specifications) the present use? | 16.004 | Highest and Best Use |
| 1.025 | Property Restriction | 4.051 | Site |
| 1.026 | Encroachment | 4.059 | Site |
| 1.027 | Zoning Compliance | 4.014 | Site |
| 1.028 | HUD Data Plate Attached | 9.010 | Manufactured Home |
| 1.029 | HUD Label Present for All Sections | 9.016 | Manufactured Home |
| 1.030 | Overall Quality | 15.000 | Overall Quality and Condition |
| 1.031 | Overall Condition | 15.005 | Overall Quality and Condition |
| 1.000.1 | No label | 8.000.1 | Dwelling Exterior [Image] |
Apparent Defects, Damages, Deficiencies Requiring Action#
The Apparent Defects, Damages, Deficiencies Requiring Action subsection always displays. The following data points determine how the information in this subsection is rendered.
- SiteDefectsExistIndicator (UID: 1500.0178, FID: 4.099)
- DwellingExteriorDefectsExistIndicator (UID: 3900.0097, FID: 8.055)
- UnitInteriorDefectsExistIndicator (UID: 3900.0107, FID: 10.055)
- OutbuildingDefectsExistIndicator (UID: 0300.0111, FID: 12.019)
- VehicleStorageDefectsExistIndicator (UID: 3200.0021, FID: 13.004)
- SubjectPropertyAmenitiesDefectsExistIndicator (UID: 0200.0053, FID: 14.005)
- When all indicators are "false", 'None' displays below the subsection header (gray bar), and the Apparent Defects, Damages, Deficiencies table does not display. (Figure 1 - 2)
Figure 1 - 2
- When Recommended Action is none for all defects, then the static text displays: There are no apparent defects, damages, or deficiencies requiring action. For details, reference the 'Reconciliation' section, and the table does not display. (Figure 1 - 3)
From MH1 -
Figure 1 - 3
- Display each Defect, Damage, Deficiency in the table where DefectItemRecommendedActionType <> "None".
Summary: Apparent Defects, Damages, Deficiencies Requiring Action
| Report Field ID | Report Label | Source Field ID | Original Section |
|---|---|---|---|
| 1.032 | [Static Text] The items listed below represent the As Is condition as of the effective date of this report | 26.020 | Reconciliation - Defects, Damages, Deficiencies |
| 1.033 | 1.040 | 1.048 | 1.055 | 1.063 | 1.069 | 1.075 |
Feature | 26.021 | 26.028 |26.036 | 26.044 |26.052 |26.058 | 26.064 | Reconciliation - Defects, Damages, Deficiencies |
| 1.034 | 1.041 | 1.049 | 1.056 | 1.064 |1.070 | 1.076 | Location | 26.022 | 26.029 | 26.037 | 26.045 | 26.053 | 26.059 | 26.065 | Reconciliation - Defects, Damages, Deficiencies |
| 1.035 | 1.042 | 1.050 | 1.057 | 1.065 | 1.071 | 1.077 | Description | 26.023 | 26.030 | 26.038 | 26.046 | 26.054 | 26.060 | 26.066 |
Reconciliation - Defects, Damages, Deficiencies |
| 1.036 | 1.043 | 1.051 | 1.058 | 1.066 | 1.072 | 1.078 |
Affects Soundness or Structural Integrity | 26.024 | 26.031 | 26.039 | 26.047 | 26.055 | 26.061 | 26.067 |
Reconciliation - Defects, Damages, Deficiencies |
| 1.037 | 1.044 | 1.052 | 1.059 | 1.067 | 1.073 | 1.079 |
Recommended Action | 26.025 | 26.032 | 26.040 | 26.048 | 26.056 | 26.062 | 26.068 |
Reconciliation - Defects, Damages, Deficiencies |
| 1.038 | 1.045 | 1.053 | 1.060 | 1.068 | 1.074 | 1.080 |
Estimated Cost to Repair | 26.026 | 26.033 | 26.041 | 26.049 | 26.057 | 26.063 | 26.069 |
Reconciliation - Defects, Damages, Deficiencies |
| 1.081 | Total Cost | 26.070 | Reconciliation - Defects, Damages, Deficiencies |
| 1.082 | As Is Overall Condition Rating | 26.071 | Reconciliation - Defects, Damages, Deficiencies |
| 1.083 | Total Estimated Cost of Items Recommended for Repair | 26.072 | Reconciliation - Defects, Damages, Deficiencies |
| 1.084 | [Static Text] There are no apparent defects, damages, or deficiencies requiring action. For details, reference the 'Reconciliation' section. |
Estimated Cost to Repair#
- When CostToRepairType (UID: 3900.0001 FID: Not on report) = "Itemized"
- Display the column Estimated Cost to Repair and the Total Cost - DefectCostToRepairTotalAmount (UID: 3900.0002, FID: 1.081) ▪ Calculated: The sum of all occurrences of DefectItemEstimatedCostToRepairAmount ▪ Right-justify label Total Cost and the amount (Figure 1 - 4)
Recommended Action with Estimated Cost to Repair
Figure 1 - 4
- When CostToRepairType (UID: 3900.0001 FID: Not on report) = "TotalCost"
- Display the label Total Estimated Cost of Items Recommended for Repair and DefectCostToRepairTotalAmount (UID: 3900.0002, FID: 1.083) below the table.
- Do not display the column Estimated Cost to Repair and Total Cost amount.
- When CostToRepairType (UID: 3900.0001 FID: Not on report) = "None"
- Do not display the column Estimated Cost to Repair and Total Cost amount or the label Total Estimated Cost of Items Recommended for Repair. (Figure 1 - 5)
Recommended Action but no Estimated Cost to Repair
Figure 1 - 5
As Is Overall Condition Rating#
When NewConstructionIndicator = "false" AND (PropertyValuationConditionalConclusionType = "SubjectToCompletionPerPlans" OR "SubjectToRepair")
- Display As Is Overall Condition Rating - PropertyAsIsConditionRatingCode (UID: 1300.0034, FID: 1.082) and display static text in italics, "Existing condition of the property as of the effective date of this appraisal, excluding all required repairs, alterations, or inspections" below label As Is Overall Condition Rating. (Figure 1 - 6)
Figure 1 - 6
