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Real Estate 101: Inspections versus Appraisals

Real Estate 101: Inspections versus Appraisals

What are the Key Differences between inspections and appraisals? Well there are big differences.

You as the buyer are hiring an inspector to check for deficiencies that the seller needs to fix before you take ownership. In an appraisal, it is certifying that this home meets the value that you are paying for it.

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