Remove Article Remove Buyers Remove Inspection Remove Property Inspector
article thumbnail

Home Appraisal vs. Home Inspection

CP Home Appraisals

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. Do I need a home inspection as well?

article thumbnail

5 Things You Need to Know About Real Estate Disclosures

Zillow

In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. But some sellers don’t play by the rules and will try to get one past a buyer. What do sellers disclose to potential buyers? Is a disclosure the same as an inspection?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”

article thumbnail

Common USPAP Appraiser Violations

Appraisal Today

The data won’t be limited to what is gathered by property inspectors; however, appraisers’ data will also be in that mix. His pieces are not what I would call news articles. Click here = Want to read articles about USPAP, Appraisal Business Tips, Liability, and many other topics written for appraisers?