What's the Difference Between a Home Inspector and a Home Appraiser?

Answer: A Home Inspector checks the bones of the home, electric, plumbing, roof, structural. A Home Appraiser assesses the value of a home and is trained to do so.

Answer: In summary, while both home inspectors and real estate appraisers contribute valuable information in a real estate transaction, their focuses and purposes are distinct. Home inspectors concentrate on the physical condition of the property, helping buyers make informed decisions about potential repairs. Appraisers, on the other hand, assess the market value of the property, providing a crucial element in the financing process.

Answer: Home inspector does not access the home value

Answer: Have you ever wondered what home inspectors and appraisers do? Well, home inspectors inspect the mechanics of the house, making sure everything is working smoothly. On the other hand, appraisers focus on determining the value of the property. So, whether you're buying or selling a house, both of these professionals play a crucial role in the process.

Answer: The appraiser focuses on the market value of the house. The inspector focuses on the condition of the property and all installed systems.

Answer: A home inspector is one who looks for deficienies, a home inspector puts a value on the home.

Answer: A Home Inspector works on behalf of the buyer to inspect the property for issues. The home appraiser works for the bank loaning the funds, they are checking safety issues and approving the property for the loan type that's being requested.

Answer: The Home Inspector is looking for problems areas with the home, both interior and exterior, whereas the Home Appraiser is inspecting and analyzing for the value of the home.

Answer: Appraisers place a value on the property based on industry standards for an appraiser. An inspector identifies the condition of the home through a visual inspection and provides a report that includes the items inspected and whether there are deficiencies.

Answer: Home inspector checks the improvements Condition, Function, and also checks for Code violations. Appraiser reflects the typical behavior of a typical buyer in a certain market, which is a function of Value.

Answer: A Home Inspector inspects the home for deficiencies and reports on the homes condition. An Home Appraiser appraises the monetary value of the home.

Answer: An inspector...is hired by the Buyers...to determine if there are any issues with the structure and anything included with the purchase of the house; i.e.appliances. He/She is not an expert and should not quote prices for repair or replacement but rather suggest a licensed trade person in a particular areal ie electrician, plumber, roofer, etc. to evaluate and make recommendations for issues that may be apparent in an inspection. An appraiser is hired by the Buyer's lender to determine the value of the property to insure that the lender is not "over extended" in lending more than the market says the property is worth.

Answer: The former determines integrity of the structure and the latter determines value of the entire property.

Answer: Both an appraiser and inspector will walk around the house and take a good look at it, but they're each at the house for different reasons. The appraiser is looking at the value of the home; while the inspector is looking for any defects with the home that may cause you financial grief later and educates the buyer about the condition of the home and its major components. http://bit.ly/2FDz8jI

Answer: An Appraiser is there only to set the market value for the home. A home inspector will look for major defects and safety issues related to the property.

Answer: A home inspector finds defects that can affect the value of a home. A home appraiser determines the value of a home.

Answer: Home inspectors don’t judge the value of a home.

Answer: An appraiser gives an opinion on value, where an home inspector inspects the property for defaults.

Answer: A home inspector is looking for defects or problems with the home. Any unhabitable, hazardous items that could cause danger to a home. A home appraiser is inspecting the home for the value and worth in comparison to homes in the neighborhood.

Answer: An inspector is testing the performance, functionality and safety of a home. An appraiser is assessing the value of the home in comparison to like homes in the area.

Answer: Home Inspectors inspect the home and all essential systems in the home. They inspect for proper functionality and safety. Home Appraisers provide you with a value on what the property is worth.

Answer: Home inspection (function & Safety) Home appraiser (Home Value)

Answer: A home inspector inspect the property for potential repairs or inadequacies. The Home Appraiser observe the property to determine its current market value.

Answer: Both are opinions one is on condition of the other is on value in the market of neighborhood.

Answer: Home inspectors evaluate the condition of the home Appraisers evaluate the market value of the home.

Answer: A home inspector lets the buyer know of any defects found and an appraiser lets the owner know of the value of the home.

Answer: Home inspectors will inspect the working functions of a property. Home appraisers will assess the market value of a property, according to their methods.

Answer: A home inspector deals with the structure itself, and the soundness of the dwelling. An appraiser deals with the value of the bundle of right, called real estate, which includes the dwelling and the site the dwelling sits on.

Answer: the appraiser works to comprise a fair market value for a particular subject property. Although they can and should be aware of conditions affecting a homes value they are not an inspector. A general home inspector is their to advise a buyer of the homes condition and state of repair not the value.

Answer: A home appraiser is attaching a $ value to a home. A home inspector is just looking for deficiencies.

Answer: an inspector find's problems with home and appraiser gives value of home

Answer: inspectors do not give value figures or pricing

Answer: A home inspector inspects the home for possible problems and a home appraiser appraises the value of the home.

Answer: Cost of the house, functions and safety of the house

Answer: Home Inspector identifies defects in components of house. Appraiser determines value of house.

Answer: A home inspector examines a home to detect defects. An appraiser examines the home and compares to others of similar size, etc. to determine the appraised value of it.

Answer: One inspects for material defects and one determines dollar value of the home

Answer: One determines condition, one determines value.

Answer: Inspector checks for defects and safety. Appraisers put a monetary value on the house.

Answer: A home inspector is going to look at the operational components of the home and the overall condition of the systems incorporated with the home. A home appraiser uses recent sales and trends in a neighborhood to determine the worth of the home.

Answer: Oh my goodness this one comes up all the time! So I am glad you asked :) A home INSPECTOR is hired by you (the buyer, typically), is paid by you and works for you. The home inspector is usually a generalist who knows a little bit about a lot of things. They typically look for major defects (in areas I call the the "Big 5": HVAC, Electrical, Roof, Foundation & Plumbing) and if they see something suspect they will recommend either assessment or addressing by a licensed contractor in that area. I will often suggest my Sellers have a pre-listing home inspection to discover and address any potential issues. A home APPRAISER is hired by your lending institution, paid by you in some way in the process and works for the bank. The appraiser is an independent 3rd party hired by the lender to ensure your new home is worth at least the asking price. As lenders have most of the interest in a property, it behooves them to make sure the property is worth what the contract says it is.

Answer: The home inspection looks for roof, electrical, plumbing, wind mitigation, this are things related to the cost of insurance and items to look for when buying a home, an appraisal observes any violation of added sq.ft.condition of the property, interior and exterior,researches property data, searches for available comparable sales and arrives at an opinion of value for the purpose of the appraisal order.

Answer: An appraiser appraises comparable valve. A home inspection appraises the condition of the home

Answer: Home inspectors check ever aspect of the home. Appraisers only place a value to the home

Answer: A home inspector checks the house for defects and if its up to code, The home appraiser estimates the value of the home.

Answer: A home inspector is hired to inspect the home for any issues or repairs that need to be corrected. A home appraiser determines the value of the home for financing.

Answer: Home inspectors inspect the all of the physical attributes of a property, i.e., furnace, attic, plumbing, electric, roof, etc., and prepare a report that identifies any repairs needed or any other physical issues. An appraiser does not do home inspections, but prepares a market value appraisal based on the location of the property, its square footage, bedrooms, baths, age, style, condition, etc., and selects recent property sales to compare it to.

Answer: One makes sure it all works like it is supposed to, the other determines the value.

Answer: Home appraiser does market value, home inspector inspects the house.

Answer: An Inspector never establishes a value for the house, or repairs for that matter. They provide an overview of the condition of the structure and and various components of the house and recommend where further inspection by specialist is needed. An appraiser establishes a value, but not the condition of the various components of the house.

Answer: A home inspector is optional when buyer or selling a home. A inspector looks for issue with home and give the homeowner a report with items of concern with the home. Let me add an inspector is not a Contractor. A inspector may see a concern ask that it looked at in more detail by a GC who can verify if there is really an issue. A HOME APPRAISER, his hired by the bank, and works for the bank to verify that the home is really worth what the contract says. Based on the appraisers opinion, a home value is set. Keep in mind, that an a Appraisal is just an opinion on which the bank relies . Appraisal can be different, not all appraiser value home the same and may use diffent comparable to determine the home

Answer: An appraiser is usually hired by a lender to determine if the home is worth the contract price; the inspector is hired by the buyer to determine if the underlying condition of the home is acceptable to the buyer's standards.

Answer: Home appraiser estimates the value of a home. A home inspector looks for latent and structural defects.

Answer: A General Home Inspection FOR A BUYER OR A SELLER is a non-invasive, visual examination of the accessible areas of a residential property which is designed to identify problems (defects) within specific systems and components defined by the InterNACHI Standards of Practice that are both observed by the inspector and deemed notable (material) because they may affect the value the property. An an appraiser determines the specific value of a home. A home inspection is NOT an appraisal and does NOT determine the value of a home. ( Though your inspector will be looking for problems that may have a significant, adverse impact on the value of the property, or that poses an unreasonable risk to people, the items mentioned in the home inspection report may or may not affect the value of a home. There are many variables that affect the value of a home that are not related to the home inspection. )

Answer: An appraiser estimates the value of a home (with respect to the market value of other homes in the neighborhood) whereas a home inspector evaluates the physical condition of a single home.

Answer: A home inspector performs a visual inspection to ensure that the property is functional and safe. An appraiser assists the lender in determining the value of the property for the purpose of securing a mortgage.

Answer: EVERYTHING! An Inspector is hired to tell a consumer/buyer the condition of the home you are purchasing. An Appraiser is hired by the Lender to make sure it is a mechanically & structurally FUNCTIONAL home and report the market value of the home.

Answer: A home inspector should have construction, maintenance and housing experience. A home inspector performs a thorough evaluation the condition of all visible areas and components in the home and on the property in order to provide the buyer with state of repair and cost information needed in order to make an educated investment decision. Also, a home inspector does not consider market value. By contrast, an appraiser, while considering the general condition of the property, establishes the market value of the property.

Answer: Inspector investigates an appraiser determines the worth of structure

Answer: Home Inspector will report on condition while an Appraiser will determine market value

Answer: Appraiser inspection is a required by lender in order to approve a loan and if any repairs are required must be completed and a reinspection performed. A home inspection is to serve as a peace of mind for the buyer that the home is in good condition and if any repaires are required it is negotiated in good terms between the buyer and seller.

Answer: An inspector is looking for everything that is wrong with the house, even minor details. An appraiser is just trying to find the value of the home.

Answer: A Home Inspector Observes the homes general condition, An Home Appraiser assess the approximate value of the home.

Answer: One reports detailed on condition and the other values the home.

Answer: appraisal is for the purpose of determining current market value, and the inspection is used to identify any issues with the condition of the home.

Answer: A home inspector inspects the subject property's mechanical systems to determine if they are in good and working condition. An appraiser's does a complete visual inspection of the subject property and surrounding neighborhood for the purpose of estimating fair market value. which includes measuring the exterior walls of the subject property and confirming that all mechanical systems are in place and functioning properly and taking into account any other amenities that would have an effect on the market value.

Answer: The appraiser formulates an opinion of the property's value for the lender, while the inspector educates the buyer about the condition of the home and its major components.

Answer: Home inspector will look for problems and the home appraisal will give your home a market value

Answer: Home Inspector checks the "vitals" of the home- roof, electric, termites, plumbing, etc. Home Appraiser develops an "opinion" of value of the home in today's market usually for a banking institution

Answer: An appraiser is hired by a bank to value the home. An inspector evaluates the homes condition.

Answer: A home inspector checks the condition of a home, and an appraiser checks the value.

Answer: Inspector inspects property for a variety of working and non working or damages, an appraiser determines the value of the property

Answer: Home inspector = Property condition Home Appraiser = Home value

Answer: Inspector is about CONDITION. Appraiser is about VALUE. Night and day! This is one more reason that expert Realtor / Broker opinions matter.

Answer: Inspectors give an unbiased assessment of the home. An appraiser gives a monetary value of the home.