Why do you need a home inspection when your bank is having the home appraised?
Home inspections turn up safety issues and maintenance problems that could create serious trouble and expenses down the road. Inspections help everyone understand the condition of a property, and thus the risks that should be considered before proceeding in a transaction.
A home appraisal is a process through which a real estate appraiser determines the fair market value of a home. It can assure you and your lender that the price you’ve agreed to pay for a home is fair. Appraisals are also often used to determine property taxes, which makes them a requirement in most counties.
For more info feel free to contact me
Mobile 615 506.6181
Office 1 888.519.5113 ext168
Micah Arnold
Realtor®️
eXp Realty
Let’s Find Your Forever Home
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