09/22/2026
Maybe you’ve heard appraisals are getting an update 🏡
You may have heard that appraisal requirements are changing, so here’s the quick version without all the industry jargon:
Starting November 2, 2026, Fannie Mae and Freddie Mac will require new appraisal reports to use a redesigned system called UAD 3.6
The goal is to make appraisal reporting more standardized, detailed and data-driven. The familiar appraisal forms are being replaced with a new, dynamic report.
Does this mean homes will suddenly be valued differently? Not necessarily. The biggest change is how the information is reported and reviewed, not simply a new formula for determining your home’s value.
For buyers and sellers, this is something to be aware of as we head into 2027 but there’s no need to panic. The transition is already underway and lenders/appraisers are preparing for the change.
If you’re buying or selling soon and want to know what this could mean for your specific transaction, I’m happy to help break it down! 🤍