Property Valuation
A 'desk review' appraisal in NJ is performed when a lender needs to:
AConduct a complete interior inspection
BHave a second appraiser review the original appraisal report without visiting the property✓ Correct
CUpdate an old appraisal for a new transaction
DConduct a tax appeal
Explanation
A desk review (appraisal review) involves a second appraiser reviewing the original appraisal report's methodology, data, and conclusions without physically inspecting the property, often used for quality control by lenders.
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