Property Valuation
A Florida appraiser's report is classified as a 'desktop appraisal.' This means:
AThe appraiser personally inspected the exterior and interior of the property
BThe appraiser did not physically inspect the property and relied on data and photos provided by others✓ Correct
CThe appraisal was performed using a computer algorithm without human review
DThe appraisal was completed at a desk rather than on-site
Explanation
A desktop appraisal involves no physical inspection by the appraiser — the appraiser relies on existing data, MLS photos, county records, and information provided by the homeowner or agent. Desktop appraisals became more common during COVID-19 and are now a standard option for lower-risk loans. They carry more uncertainty than traditional appraisals with physical inspections.
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