Property Valuation
An appraiser performing a drive-by or desktop appraisal for a Montana lender is providing a:
AFull USPAP-compliant narrative appraisal
BLimited-scope or restricted appraisal with reduced level of inspection and analysis✓ Correct
CBroker price opinion (BPO)
DAutomated valuation model (AVM) output only
Explanation
A drive-by or desktop appraisal is a limited-scope appraisal with a reduced level of inspection (exterior only or no physical inspection). It must still comply with USPAP but provides a lower level of confidence than a full interior inspection.
Related Montana Property Valuation Questions
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