If you order an appraisal, do you still need a home inspection?

Based On The Video Above, What Should Ryan and Jessica Do?

Ryan and Jessica should definitely go ahead and pay the licensed home inspector. An appraiser will take a look at the overall condition of the home, study comparable sales and determine the home’s value. A licensed and experienced home inspector, on the other hand, spends significant time examining the home’s structure and systems. If problems are found, Ryan and Jessica may have a chance to have the sellers fix them or to renegotiate their contract.

Uncle Charlie’s probably a lovable know-it-all, but his advice to save a little money today could cost Ryan and Jessica thousands of dollars in the future.

Next Step

Get Pre-Approved

Getting pre-approved is the first step in buying a home. By getting pre-approved, you can:

  • Focus on your home search, knowing your financing is in Poli’s expert hands.
  • Find out exactly what home price you qualify for and shop with comfort
  • Improve your chances for homebuying success, since sellers heavily favor offers with pre-approvals from reputable lenders.

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