Do most lenders require a homeowners inspection?
No, a homeowner’s inspection is generally requested by the buyer as a condition to the purchase of the home. Many homebuyers, however, will make the purchase of their home contingent upon a homeowner’s inspection. A homeowner’s inspection should not be confused with an appraisal, which is required by most mortgage lenders in order to support the valuation of the mortgage security.
No. A homeowner’s inspection is generally requested by the buyer as a condition to the purchase of the home. Many home buyers, however, will make the purchase of their home contingent upon a homeowner’s inspection. A homeowner’s inspection should not be confused with an appraisal, which is required by most lenders in order to support the valuation of the mortgage security.
No, a home inspection is generally requested by the buyer as a condition to the purchase of the home. Many homebuyers will make the purchase of their home contingent upon a homeowner’s inspection. The inspection is a way to protect your investment. A homeowner’s inspection should not be confused with an appraisal, which is required by most mortgage lenders in order to support the valuation of the mortgage security. The appraisal does not go into the same amount of detail as a home inspection.
