Property Valuation
What is a 'desk review' versus a 'field review' of a Delaware appraisal?
AA desk review is conducted at the appraiser's desk using only the report; a field review includes an exterior inspection of the subject and comparables✓ Correct
BA desk review is conducted by a junior appraiser; a field review by a senior appraiser
CA desk review is for residential; a field review is for commercial properties
DThere is no difference; the terms are interchangeable
Explanation
A desk review involves examining only the appraisal report without inspecting the property. A field review includes an exterior (and sometimes interior) inspection of the subject property and comparable sales to verify the appraiser's findings.
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