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How does an Appraisal differ from a home inspection?

April 26, 2017appraisal differ home inspection

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How does an Appraisal differ from a home inspection?

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You must keep in mind that an appraisal is different than a professional home inspection. An appraiser formulates an opinion of a property’s value for a lender, while an inspector educates the buyer about the condition of the home and its components.