The Fair Market Valuation Form must be signed and dated by both the client and the valuator, if an appraisal is not required. If the appraisal is required, the appraiser does not have to sign the FMV Form. The appraisal report is sufficient.
A separate FMV Form must be completed for each asset held in your account.
The form, as a final step, needs to be sent to Entrust with supporting documents, which may include:
A Real estate fair market value analysis, more commonly known as a comparative market analysis (CMA).
This is a detailed report examining the homes currently on the market, under contract, recently sold and recently expired, withdrawn or canceled to determine what a property is worth in the current market.