04/08/2025
This is a great explanation from Adkins Inspections about the difference between a home inspection (what the buyer gets after they put an offer on a home) and the home appraisal (what the lender orders as part of the loan process).
Ever wonder what the difference is between a home inspection and an appraisal?
Hereโs the simple breakdown:
๐๐ผ๐บ๐ฒ ๐๐ป๐๐ฝ๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ฐ๐ต๐ฒ๐ฐ๐ธ๐ ๐๐ต๐ฒ ๐ฐ๐ผ๐ป๐ฑ๐ถ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ต๐ฒ ๐ต๐ผ๐๐๐ฒ โthink roof, plumbing, structure, and more. It's for you, the buyer.
๐๐ฝ๐ฝ๐ฟ๐ฎ๐ถ๐๐ฎ๐น ๐ฐ๐ต๐ฒ๐ฐ๐ธ๐ ๐๐ต๐ฒ ๐๐ฎ๐น๐๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ต๐ผ๐บ๐ฒ โso the lender knows itโs worth the loan amount. Itโs for them, the bank.
Both are important. One protects your wallet, the other protects your investment.
Donโt skip either. Be informed, be empowered.
