Difference Between a Home Inspection and a Home Appraisal
When buying or selling a home, you'll likely encounter both a home inspection and a home appraisal. While these processes are essential for ensuring a smooth real estate transaction, they serve different purposes and involve unique evaluations. Understanding the differences between a home inspection and a home appraisal can help you navigate the home-buying or selling process more confidently. What Is a Home Inspection? A home inspection is an in-depth evaluation of a property’s condition. It is typically ordered by the buyer and conducted by a licensed home inspector. The goal is to identify any current or potential issues with…