Whether you’re a homebuyer or seller, it’s easy to confuse a home appraisal and a home inspection. After all, both involve a professional visiting your home and evaluating the premises. However, there ...
The VA appraisal is a crucial part of the home-buying process for qualified veterans and service members. VA appraisals focus on valuation and a more broad-based check of property conditions that ...
FHA inspection involves an appraiser taking a magnifying glass to your home to make sure it's safe. For a Federal Housing Administration (FHA) loan to be approved, the home must pass an FHA inspection ...
They do sound as if they're similar, a property inspection and a property appraisal. And yes, different individuals do in fact visit and inspect the property, but for two entirely different purposes.
While appraisals and inspections may seem like the same thing, appraisals and inspections serve two very different purposes. One of the biggest differences is that a home a home inspection is optional ...
If you are looking to buy a new home, agreeing to an inspection and appraisal can help you make a more informed decision about your potential purchase. While these tests tack on another expense to the ...
Many people mistakenly believe that an appraiser and an inspector perform the same services. The truth is an appraisal is very different from an inspection. A real estate appraiser s job is to ...
Dear Demetrius: Inspections and appraisals play key, but separate, roles in the home-buying and home-selling process. An inspection is primarily intended to protect the prospective buyer from ...