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Home Appraisal vs. Home Inspection
By ProMatcher Staff
What is the difference between a
home appraisal
and a
home inspection
?
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Although somewhat similar, a
home appraisal
is not the same thing as a
home inspection
. An appraiser estimates the value of a home (with respect to the market value of other homes in the neighborhood) whereas a home inspector evaluates the physical condition of a single home.
In most cases, a home appraiser will take note of the condition of a home. For instance, a crumbling foundation will significantly impact the appraised value of the home. However, a home inspector scrutinizes the condition of the home with much more attention to detail.
Related:
+
Home Appraisal Cost
+
Home Inspection Costs and Prices
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About the Author
ProMatcher Staff
, ProMatcher
Orlando, FL 32803
If you would like to re-print this article, please contact the author.
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