3 Alternatives to On-Site Inspections for Appraisal Reports

Published by Claire Ponsaran on May 8, 2020

The process of writing up an appraisal report typically involves exterior and interior inspections, which allow the appraiser to determine the characteristics of the subject property. Usually, the appraiser visits the subject property as well as comparable properties with similar characteristics.

However, this practice of doing on-site inspections and comparable research isn’t restricted to the appraiser. The USPAP guidelines provide some allowance for a real estate appraisal assistant to perform non-significant work or even a third-party inspector to provide significant assistance to the appraiser.

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3 Alternatives to On-Site Inspections for Appraisal Reports

3 Alternatives to On-Site Inspections for Appraisal Reports

The process of writing up an appraisal report typically involves exterior and interior inspections, which allow the appraiser to determine the characteristics of the subject property. Usually, the appraiser visits the subject property as well as comparable properties with similar characteristics.

However, this practice of doing on-site inspections and comparable research isn’t restricted to the appraiser. The USPAP guidelines provide some allowance for a real estate appraisal assistant to perform non-significant work or even a third-party inspector to provide significant assistance to the appraiser.