Buying a home can often be confusing and a bit overwhelming.
Here are few definitions of processes your real estate agent will be discussing with you while buying or selling property.
Home Inspection – A home inspection is a non-invasive examination of the condition of a home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector will then give a written report of findings.
Real Estate Appraisal – An appraisal of the property is an assessment of the current market value of a property, assessing how much the real estate property is worth.