No, an appraisal and home inspection are two very different things. A home inspection is an in depth process which looks at the condition of the home while an appraisal is done by an appraiser and gives a monetary value on what the home is worth.

Should I Get An Appraisal or Inspection First?

Typically the home inspection comes before the appraisal. As a buyer you have the option to hire whatever inspector you like while the appraisal is normally handled by the lender. However, if the buyer is not receiving a loan then no appraisal is needed.

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