To get the loan, the lender had to have the house appraised. Can’t an appraisal be considered a home inspection?
No. An appraisal is an estimated market value of the property and is used to set the maximum amount the lender will lend on the property. The appraiser does not perform a home inspection they just provide a value of the property. As in anything else, it pays to get an opinion from someone who has the proper credentials, training, and experience.
