Saturday, December 22, 2012

Should the house inspection be done before of after ... - Zillow Real ...

To my buyers that choose to get an inspection done I tell them to do it the same/next day we have our offer accepted because a home inspection is MUCH cheaper than an appraisal--typically.

The home inspection will give you an idea of what is wrong with the property, and should supply you with enough ammunition to provide the appraiser (yes you can give your home inspection to the appraiser, and yes, in every case in my persona career everything in that inspection has played a role in the appraiser's eye when it comes to value, needed repairs, etc) with some useful information to give the home a more accurate value.? Also you might realize you don't want the house in light of the inspection and walk away saving on the appraisal monies--ie tell your lender to order it after you get your home inspection done the same/next day.

Best wishes from So-Cal and good luck

Source: http://www.zillow.com/advice-thread/Should-the-house-inspection-be-done-before-of-after-the-bank's-appraisal/471875/

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