The 1004 Market Conditions Addendum (1004MC - 3/2009) is HERE!

LENDERS! Effective April 1, 2009, Fannie Mae, Freddie Mac, HUD/FHA and the VA require you, and us, to include the new 1004MC form for their loans.  This addendum requires the appraiser to report a significant amount of their analysis.  This has resulted in a small fee increase  Click HERE for more information.

Fee Schedule / Report Types Effective 4/1/2009

Assignment Type / Click For Sample

Form Type(s)

Visual Inspection

Place Order

Mclean County Fees*

Cost Approach

Interior One Unit Residential

1004 (3/05) / 1004MC (4/09)

Interior / Exterior

$325

If Applicable

Exterior One Unit Residential

2055 (3/05)   1004MC (4/09)

Exterior Only

$325

If Applicable

One Unit Residential (Income Producing)

URAR and Comp. Rent Schedule

Interior

$425

If Applicable

2-4 Unit Residential Income Report

1025 (3/05)   1004MC (4/09)

Interior

$575

If Applicable

Interior - Individual Condominium

1073 (3/05)   1004MC (4/09)

Interior

$325

If Applicable

Exterior - Individual Condominium

1075 (3/05)   1004MC (4/09)

Exterior

$325

If Applicable

Property Inspection Report

2075 / 2070

On Site

$100

N/A

Appraisal Update and/or Completion

1004D (3/05)

Interior or Exterior

$125

N/A

One Unit Appraisal Field Review

2000 (3/05)

Exterior

$325

N/A

2 - 4 Unit Appraisal Field Review

2000A (3/05)

Exterior

$350

N/A

ERC - Employee Relocation Appraisal

ERC

Interior

$550

N/A

Vacant Land

Land

On Site

$225

N/A

* ALL fees are based on the most current forms.  Other non-lender report formats are available.

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