Castle Appraisal Services Plus
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Castle Appraisal Services Plus
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What is the difference between an Appraisal and a Home Inspection?
As part of the lender requirements in efforts to provide you with a loan, lenders require a real estate appraisal. The lender does the appraisal for three reasons:
An inspection is a third-party evaluation of the accessible structure and mechanical systems of a house, from the roof to the foundation. The standard home inspector's report will include an evaluation of the condition of the home's heating system, central air conditioning system (temperature permitting), interior plumbing and electrical systems; the roof, attic, and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement, and visible structure.
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