What Is A 1025 Appraisal?

What Is A 1025 Appraisal? The Small Residential Income Property Appraisal Report (FHLMC 72/FNMA 1025) is for the appraisal of two- to four-unit properties, including properties in PUD, condo or co-op projects. … Data indicating physical characteristics of the subject property such as age, materials and condition. What is a 1025 appraisal form used for?