What is the difference between a home inspection and appraisal?
Channel: The Luevanos Group at eXp Realty | Los Angeles
Date: 2021-01-25

Appraisals are required by the lender whereas home inspections are optional. However, we always recommend getting a home inspection.

Appraisals may impact your ability to get a loan. Such as a home appraising short of the purchase price or if the appraiser calls out the home for being unfit or a danger to the prospective buyer.

Appraisers are also usually done alone whereas for home inspections, buyers are recommended to be there and ask questions.

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