{"id":2376,"date":"2020-10-07T01:01:16","date_gmt":"2020-10-07T01:01:16","guid":{"rendered":"https:\/\/www.dakotainspection.com\/?p=1674"},"modified":"2020-10-07T01:01:16","modified_gmt":"2020-10-07T01:01:16","slug":"differences-between-a-home-inspection-and-an-appraisal","status":"publish","type":"post","link":"https:\/\/dakotainspection.com\/differences-between-a-home-inspection-and-an-appraisal\/","title":{"rendered":"Differences Between a Home Inspection and an Appraisal"},"content":{"rendered":"
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Differences Between a Home Inspection and an Appraisal<\/h4>\n

In the real estate world, inspection and appraisal are two significant terms. Both are important steps in the home buying process. Essentially, a home inspection helps to protect the buyer from purchasing a maintenance headache, while an appraisal is designed to protect the interests of the lender. <\/span>So, what\u2019s the difference between the two? We\u2019ve broken down each process below to help you get a better understanding of what they involve.<\/span><\/p>\n<\/div>\n<\/div>\n

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What is a home inspection?<\/strong> A home inspection involves an evaluation of the condition of the home\u2019s critical components. Each component is individually inspected and tested by the home inspector. Generally speaking, a buyer will usually spend between $325 and $475 for their home inspection. A relatively low price, considering an inspection can help reveal a variety of problems that you might have otherwise missed. Such problems include electrical issues, plumbing issues, roof or foundation problems and anything else that could end up costing a fortune to repair. To get a free quote on a high-quality home inspection, click here<\/u><\/a>.<\/p>\n

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What does the home inspection process involve?<\/strong> The first step in the home inspection process is to find the right home inspector for the job. You can ask your real estate agent to connect you with a couple of good candidates. Alternatively, you can ask friends, coworkers, etc. if they have a good reference for a home inspection company. Follow up their recommendations with an online search to see if other\u2019s experiences and reviews are inline with their suggestions. Once you find a few candidates you\u2019re interested in, filter them out by asking them questions regarding their services. For example:<\/p>\n