Property Valuation
In Michigan, a 'field review' of an appraisal involves:
AOnly reviewing the appraiser's office files
BAn independent inspection of the exterior (and sometimes interior) of the subject property and comparables, combined with a review of the original report✓ Correct
CConducting a new appraisal of the property
DOnly reviewing comparable sales data
Explanation
A field review involves an independent drive-by or interior inspection of the subject property and comparable sales by a review appraiser, combined with a review of the original appraisal report, to assess whether the value conclusion is supportable.
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