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

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

Correct!
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

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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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