Property Valuation
What is a 'desk review' appraisal and when might a Pennsylvania lender order one?
AAn appraisal conducted while the appraiser sits at a desk without any field inspection
BA quality control review of an existing appraisal report conducted by another appraiser using only the data in the original report✓ Correct
CA preliminary value estimate provided by PREC before listing
DAn automated valuation model output generated by the lender's software
Explanation
A desk review is a limited review of an existing appraisal report, conducted by another appraiser without any additional field inspection or independent research. The reviewer examines the original report's data, logic, and conclusions for obvious errors or inconsistencies. Desk reviews are used by lenders for quality control, underwriting decisions, or when a second opinion is needed without the cost of a full appraisal.
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