What distinguishes a "full appraisal" from a "drive-by appraisal"?

The distinction between a "full appraisal" and a "drive-by appraisal" centers primarily on the level of access and the extent of the evaluation performed. A full appraisal requires comprehensive access to the property, including interior inspections and assessments of the condition, layout, and features of the home. This thorough approach not only allows the appraiser to gather detailed information but also aids in providing a more accurate and reliable valuation of the property.

In contrast, a drive-by appraisal typically involves an external examination of the property, where the appraiser assesses it from the street without entering the home. As a result, this method limits the scope of inspection and the insights that can be gained about the interior conditions, which can significantly influence the overall valuation of the property. The requirement of interior access in a full appraisal is essential for ensuring a complete understanding of all factors affecting value, making this option the correct answer.