What is an appraisal? An appraisal is a process of estimating the fair market value of the property. An appraisal is done by an appraiser, a licensed third party professional. An appraisal is an important part of the home buying process and in some refinance transactions or buying a second mortgage. Lenders need appraisal of the home to make sure their finance is protected before issuing a mortgage loan. The home acts as a collateral for the mortgage. The home appraisal value

What is a Home Inspection? A home inspection is a process where a qualified home inspector examines the safety and condition of the real estate property and provides a report. It is a very important step to consider during both the buying and selling process of a home. They usually examine the interior structure, exterior structure, plumbing system, electrical system, sewage etc from the foundation to the roof and look for the signs of damage caused by water, fire, insects et