Appraisal, Assessment, Inspection: What’s the difference?
There are a lot of terms in real estate that are very industry specific. Whether you’re working with an agent or buying/selling on your own, it’s wise to have at least a basic knowledge of the process and terminology.
Among the terms that cause the most confusion for homeowners is home appraisal, property assessment, and home inspections. While these all involve a person coming into a home to form a professional opinion, these are done by different people and can have different results.
Tristin Zeman is the Digital Advertising and SEO Specialist for RealtyHive. A Wisconsin native, Tristin enjoys travel, cooking, yoga, and the outdoors. You can find her writing about real estate trends, marketing topics, international advice and general lifestyle and interest pieces.
Latest posts by Tristin Zeman (see all)
- 20 Trends from the 1920’s to Watch in 2023 - March 24, 2023
- How much does a real estate agent make? - September 4, 2020
- 5 Things Real Estate Agents Don’t Want You to Know - July 17, 2020
Trackbacks & Pingbacks
[…] people and entities are involved when a home closing transaction takes place. The title company and appraisal company are just some of the involved parties that render payment for their […]
Leave a Reply
Want to join the discussion?Feel free to contribute!