UAD 2055 Exterior

[Mr Rex]

But you forgot to quote this from the Scope of Work section of the form:

The appraiser must be able to obtain adequate information about the physical characteristics (including, but not limited to, condition, room count, gross living area, etc.) of the subject property from the exterior-only inspection and reliable public and/or private sources to perform this appraisal. The appraiser should use the same type of data sources that he or she uses for comparable sales such as, but not limited to, multiple listing services, tax and assessment records, prior inspections, appraisal files, information provided by the property owner, etc.​

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[HF Mudd]

Rex:

I'm aware of that section of the scope of work. In many cases, experience with a subject market and property type, coupled with an exterior inspection and an EA regarding the exterior condition being similar to the interior condition is reasonable and sufficient to meet the requirement of the SOW, expectations of users of such appraisals and, judging by some of the earlier comments, many of my peers would do the same in performing a similar assignment.

You can agree or disagree as you see fit, and I respect your opinion. IMO, an EA should be used on a case by case basis. For example, I wouldn't use if for a foreclosure or pre-foreclosure d/b report. However, using an EA regarding the interior condition of an occupied property with no other research leading me to believe the interior condition is different than the exterior (such as building permits, old MLS listings, foreclosure or pre-foreclosure filings, google search, etc.) is an acceptable practice and meets the requirements of the SOW and USPAP IMHO.