Property Valuation
What is 'desk review' versus 'field review' appraisal in Illinois?
AA desk review is performed by a senior appraiser; a field review by a junior appraiser
BA desk review analyzes the appraisal report only; a field review includes inspection of the subject and comparables✓ Correct
CA desk review is for residential; a field review is for commercial properties
DThey are the same process performed in different locations
Explanation
A desk review involves evaluating the appraisal report for accuracy and compliance without visiting the property. A field review involves the reviewer personally inspecting the subject property and driving by comparables in addition to reviewing the report.
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