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Misleading appraisal reports are a potential problem! State appraisal boards routinely sanction appraisers when the appraiser’s report is misleading. Tim Andersen, the Appraiser’s Advocate, explains the differences between an appraisal report and a restricted appraisal report. These are areas confusing to some appraisers, so Tim clears up this confusion. Understand how and why these two reports differ so you’ll avoid writing a misleading appraisal report. These differences can be subtle and may surprise you! Thanks for listening!