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Home Appraisal vs. Home Inspection

CP Home Appraisals

A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does.

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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? When does the buyer receive disclosure statements?

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2024 USPAP For Appraisers

Appraisal Today

Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more. The data collector qualifications need to be standardized. Each AMC sees it differently.

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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?