Appraisals vs Inspections, What’s the Difference?

Appraisals vs Inspections, What’s the Difference?

Clients often ask what the difference is between an appraisal and an inspection.  Well, the short answer is that an appraisal is to determine the value of a property where as an inspection is to determine the condition of a property.  An appraisal is almost always required when purchasing or refinancing a property with a mortgage.  An inspection although highly recommended when purchasing a home, […]

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