Appraisal & a Professional Home Inspection are both completely different evaluations of the property. The appraiser establishes an estimated 'market value' of the property; comparing it to similar homes within the listing neighborhood. While a Real Estate Inspector evaluates the actual physical condition of the structure and all of the related components of the house that you are buying.

The appraiser is not a home inspector nor does he/she do a complete home inspection. An inspection is a third-party evaluation of the accessible structure and mechanical systems of a house, from the roof to the foundation.

No, a home inspection evaluates the condition of the structure and systems within that structure. An appraisal determines the fair market value of the structure based on size, location, and recent sales of like structures in a geographical area.

appraisal is an estimate of value; it is for the protection of the lender. A home inspection is evaluation of the physical condition of the house; it is for the peace of mind for the buyer.

They are two entirely different reports. An appraisal is a formal process used by a lending agency for estimating the property’s value. An appraisal is different from a home inspection in that appraisals are for lenders. Home inspections are for buyers. The lender does an appraisal for three reasons: A home inspection gives the buyer more detailed information on the condition of the house than an appraisal—information you need to make a wise decision.

Home inspections are highly recommended but not required by mortgage lenders. The home inspector works directly for you as the buyer, providing a detailed report to inform you if there are any problems with the property. An appraisal is required by lenders to determine the accurate current market value of the property and to ensure that it meets all secondary market requirements.

appraisal is an independent, objective opinion or value. The appraiser is not a home inspector, engineer, architect, electrician, plumber or contractor. The appraiser carefully inspects the house to determine the floorplan and the general overall condition. An appraisal does not include a guarantee of condition. The appraiser will observe any apparent problems and recommend appropriate specialized inspections.

No. An appraisal is for the lender's evaluation of the property value. An inspection is for your information about the house.

Most often, after an initial offer has been accepted and deposit is made on a property, a customer generally has a 5-10 day period to contact a professional Home Inspector.

The appraisal district compares a home to similar homes that have sold recently and determines the value accordingly.

While touring and inspecting the prospective property, your Tiger Home Inspector completes an itemized list, which contains a rating system, and written comment section that is unique to the property being purchased. At the conclusion of the inspection, you receive a copy of the inspection report on site (as opposed to a less descriptive narrative completed offsite).

Purchasing a home is a major investment. Having a licensed home inspector inspect the home before you buy gives you peace of mind on that investment. It is our responsibility to make sure that you are well informed about the property you are about to purchase. Our inspectors will evaluate the overall condition of the building and its systems, while noting specific problems that could potentially be very costly to you in the future.