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A certified appraisal is an opinion as to the value of your home. However, appraisers are not home inspectors. Appraisals are for lenders and home inspections are for buyers. As per HUD, if you are concerned about the condition of the property you are considering buying or selling, you need to secure a home inspection to make sure the home is free of serious defects, identify items that need to be repaired, and have all the major mechanical systems checked.
Hi Krista,would you care to elaborate?Generally speaking I advise to have as many inspections and do as much investigating as possible when purchasing property.An appraisal is a good idea even when making a cash purchase.
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For Sale: $735,000
For Sale: $485,000
For Sale: $79,000