The thought of purchasing a home can be a daunting task. That's why it's so important to hire professionals to guide you through the process. One of the professionals you will need is the home inspector. The role of the home inspector is to act as an unbiased third party to inspect every component of a home to determine the working condition and to report their findings. Inspectors do not document cosmetic issues, but primarily, they inspect for deficiencies.
Another party to the transaction is the appraiser. An appraisal is ordered by the lender and is specifically used to determine the value of the home. Lenders want to ensure that the contracted price is supported by other recent sales in the neighborhood. Thus, the appraiser's job is to reconcile data for the neighborhood that substantiates the value.
Always consult with your real estate professional to help you understand when each step occurs in the process.
Author:Robin ONeal Phone: 214-245-9068 Dated: August 8th 2016 Views: 166 About Robin: ...
View our latest blog posts in your RSS reader. Click here to access.
WHO WE ARE
SCOTTIE SMITH II & ASSOCIATES is one of Dallas/Fort Worth’s fastest growing boutique brokerage firms. We are located in the historic Deep Ellum District of Dallas, Texas and focus on addressing the needs of home buyers, sellers, and investors. We do more than close real estate transactions; we help our clients build wealth and restore communities!
Which Comes First… Marriage Or Mortgage? According to the
"Robin is an amazing realtor. So amazing that she turned into a friend during the process. She is always honest and straight forward. Say no more when it comes to buying a home! Robin is who you need in your life!"