Why a Buyer Needs a Home Inspection

Why a Buyer Needs a Home Inspection:

A home inspection gives the buyer more detailed information
about the overall condition of the home prior to purchase. In a
home inspection, a qualified inspector takes an in-depth,
unbiased look at your potential new home to:
• evaluate the physical condition: structure, construction, and
mechanical systems
• identify items that need to be repaired or replaced
• estimate the remaining useful life of the major systems,
equipment, structure, and finishes

 

Appraisals are Different from Home Inspections:

An appraisal is different from a home inspection. Appraisals
are for lenders; home inspections are for buyers. An
appraisal is required for three reasons:
• to estimate the market value of a house
• to make sure that the house meets FHA minimum property
standards/requirements
• to make sure that the house is marketable

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