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Do most lenders require a homeowner’s inspection?

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Do most lenders require a homeowner’s inspection?

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No, the buyer as a condition to the purchase of the home generally requests a homeowner’s inspection. Many homebuyers, however, will make the purchase of their home contingent upon a homeowner’s inspection. A homeowners’ 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.

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