Home Inspections Vs House Appraisals in Toronto

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Confused with the terms ‘home inspection’ and ‘home appraisal’? Read this write up now for clarification on the difference between home inspection and home appraisal. Visit http://aedisappraisals.com/ for more information.

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Home Appraisal vs. Home Inspection – What You Should to Know:

Home Appraisal vs. Home Inspection – What You Should to Know www.aedisappraisals.com

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www.aedisappraisals.com The terms ‘home inspection’ and ‘home appraisal’ play significant roles in the buying and selling process of a home. But, often home buyers confuse home inspection with the inspection done by an appraiser who provides an appraisal report.

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www.aedisappraisals.com Home Inspection: Protects the prospective buyer from purchasing a home with structural defects and other major problems. Home Appraisal: Protects the lender from paying more than the house is worth.

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www.aedisappraisals.com Home Appraisal: A real estate appraisal is an impartial analysis performed by a real estate appraiser to determine the actual value of your home. The appraisal report obtained from the evaluation process is very helpful for mortgage financing.

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www.aedisappraisals.com Important Factors Taken into Consideration by an Appraiser: Age and size of the home Number of bedrooms, bathrooms, and closets Plumbing and appliances Condition of fences and decks Building code compliance The potential for expansion

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www.aedisappraisals.com Home Inspection: A home inspection is a visual inspection performed to determine the condition of your home. The whole process takes about 3 hours to complete and is generally conducted at the buyer’s request.

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www.aedisappraisals.com Important Factors Taken into Consideration by a Home Inspector: Pest infestation Basement leakage Leaks or cracks on floors or roofs Condition of walls and ceilings Condition of windows and doors Insulation Ventilation and more.

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www.aedisappraisals.com Visit www.aedisappraisals.com for more information. Call + 1 888 99 AEDIS (23347)

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