What is the difference between an appraisal and an inspection?
An example of an AI chatbot conversation about appraisal vs inspection differences.
What is the difference between an appraisal and an inspection?
An appraisal is an evaluation of a property's value, while an inspection assesses its condition.
Why would I need an appraisal?
You need an appraisal for financing, selling, or buying a property to ensure the price is fair.
And what about an inspection?
An inspection is crucial to identify any issues or repairs needed before purchasing a property.
Can I skip the inspection if the appraisal is good?
It's not advisable to skip the inspection, as it reveals the property's condition beyond its value.
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