A "narrative report" is the most detailed type of property appraisal report. It includes "detailed descriptions" of the property. An "appraisal letter" is a shortened version of the report, making it a simple statement.
These are questions that the above text answers:
1. What is a narrative report in property appraisals?
2. How does a narrative report differ from an appraisal letter?
3. What does a narrative report include?
4. What is the purpose of an appraisal letter?
5. What is the level of detail in a narrative report?
6. What is the level of detail in an appraisal letter?
7. What is the main difference between a narrative report and an appraisal letter?
8. What is the benefit of using a narrative report in property appraisals?
9. How does an appraisal letter simplify the property appraisal process?