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  2. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    The most current incarnation of the URAR is the Fannie Mae Form 1004 [1] updated for March 2005. It is considered a full appraisal with all three approaches to value, cost approach, sales comparison approach, and income approach. [2]

  3. Gross rent multiplier - Wikipedia

    en.wikipedia.org/wiki/Gross_Rent_Multiplier

    A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...

  4. Income approach - Wikipedia

    en.wikipedia.org/wiki/Income_approach

    The reversionary income is the current Estimated Rental Value (ERV) inflated by an appropriate annual growth factor (or CAGR - Compound Annual Growth Rate). The crux of the Crosby-Wood model, and that which sets it apart from the customary DCF, is that the growth factor is derived by means of formula, as a function of the rate of return and the ...

  5. Homes for Rent, $208 a Month: A Plan to Save Fannie Big Money

    www.aol.com/news/2012-04-11-homes-for-rent-208-a...

    A recent Federal Housing Finance Agency report on Fannie Mae and Freddie Mac confirms that the two government-sponsored enterprises now own some 200,000 single-family homes. Originally designed to ...

  6. REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool

    www.aol.com/news/2012-03-01-reo-to-rental-fannie...

    Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August ...

  7. What is Fannie Mae? All about America’s big mortgage ... - AOL

    www.aol.com/finance/fannie-mae-america-big...

    An FNMA loan, aka a conforming loan or Fannie Mae-backed mortgage, is a loan or mortgage that has been sold to the Federal National Mortgage Association (FNMA, or Fannie Mae) — or one that meets ...

  8. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a ...

  9. House price index - Wikipedia

    en.wikipedia.org/wiki/House_price_index

    The HPI is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties in 363 metropolises. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January ...