A home inspection is an in-depth test of the home's major systems to make sure the property’s structure, electrical components and plumbing are functioning as they should.Īn appraiser will visually inspect the property and grounds, and then research similar homes in the area to compare them. ![]() An appraisal is an evaluation of the home’s condition to determine its fair market value. While a home appraisal and home inspection are both important pre-closing steps, a home appraisal isn't the same as a home inspection.
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