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Appraisal vs. Inspection: What’s the Difference?
Manage episode 187337656 series 1044227
Rob Kittle에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Rob Kittle 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Today I'm answering the common question “What’s the difference between an appraisal and an inspection?”
I get this question all the time: What is the difference between a home inspection and an appraisal?
In short, the inspection deals with the questions about the condition of the home—does the furnace work? Does the air conditioning work? Are there issues with the foundation? Is radon present?
"The inspection deals with the condition of the home."
Typically, the Realtor will give you a list of approved inspectors for the area. This is something you’ll want to attend to, as there is a lot of information you can gather from an inspection.
On the other hand, an appraisal has to do with value, and as a lender, that’s something we primarily deal with. We will handle ordering the appraisal for you from our roster of approved, local appraisers.
Value is ascertained by taking the three most comparable sales in your neighborhood—if you’re watching the value in your neighborhood go up, your home may actually appraise for more if you’re going to refinance or list that property at that time, based on the recent sales in your neighborhood.
Feel free to reach out to me if you have any questions.
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