Property Valuation
When an Oklahoma appraiser performs a drive-by appraisal (exterior-only inspection), the appraiser's limitations include:
ANo limitations; drive-by appraisals are as accurate as full inspections
BThe inability to observe interior condition, which can lead to less accurate value estimates; such appraisals often carry more limiting conditions✓ Correct
COnly usable for properties over $1 million
DDrive-by appraisals are not permitted in Oklahoma
Explanation
Exterior-only (drive-by) appraisals have significant limitations because the appraiser cannot observe interior condition, functional layout, quality of finishes, or interior defects. They carry limiting conditions and may not be acceptable for all loan types.
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