Property Valuation
A 'desk review' of a Michigan appraisal involves:
AA full field inspection of the subject property by a review appraiser
BA review of the appraisal report only, without visiting the property✓ Correct
CAn automated valuation of the property using software
DA re-inspection of only the exterior of the property
Explanation
A desk review is an appraisal review performed solely by examining the appraisal report and available data, without visiting the subject property. It evaluates the completeness, reasonableness, and compliance of the original appraisal.
Related Michigan Property Valuation Questions
- In Michigan, when appraising a property in the Detroit urban market, an appraiser must consider:
- In Michigan, a property's 'true cash value' as used for assessment purposes is best described as:
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