What is an Inspection and Appraisal?

Written by Beth Posey, REALTOR @ Keller Williams Roers Realty

Cell: 701-390-9343
Office: 701-223-2120

What is the difference between an Inspection and an Appraisal?

An Inspection is when you hire someone to do a comprehensive analysis of the home’s major systems and components. This is a great way to gain knowledge of a home. When buying a home with the help of a REALTOR, this report can help you in your decision making process. You may be able to use this report to have items repaired in the home by the Seller. Sometimes, the Seller may not fix the items that you request in the home. At that point, you would ask yourself if you can accept the home as is and proceed OR decide not to pursue the home if the report was too much for you to handle.

An Appraisal is usually required by your lender if you need help with financing your home. The appraisal is an opinion of value. The lender can be ensured that the home is valued according to how much they are financing for you. Occasionally, the appraiser may find a safety or sanitary issue with the home that will need to be repaired before closing.

 Inspections are optional, however they are recommended. Having an inspection done is a great way to gain knowledge about a home if you're a buyer. A seller may consider having an inspection done before listing so that they can take care of any issues. That way the home in the best condition possible when it goes onto the market.

Appraisals are usually mandatory by the lender.

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Townhouse - North Bismarck

Don't miss out on this Townhouse, located in North Bismarck!
Open House is November 3rd from 1-3 pm.  I will see you there. 
http://bismarckmandanhomes.com/mls_detail?mls_number=321803

Presented by Beth Posey - REALTOR
Keller Williams Roers Realty
1035 S Washington St.
Bismarck, ND 58504
Cell: 701-390-9343

112 Hill St For Sale $165,000

New Listing - Another affordable home for you to check out: 112 Hill St., Bismarck.
Call me today to see this home.
Presented by Beth Posey, Realtor
Keller Williams Roers Realty
www.KW.com
Cell: 390-9343

SUNDAY SUNDAY SUNDAY Open House!

Hurry up and check out this cute home in Sonnet Heights.  Main floor living offers a Master Suite, Laundry, and NO STEPS on 1st floor.  Plus, you have room for guest upstairs with 2 bedrooms and a bathroom.  Stop in this Sunday, October 13 from 1-4 pm.  I will see you there!

Presented by Beth Posey, Realtor
Keller Williams Roers Realty
Cell: 701-390-9343
Office: 701-223-2120

Open House notice

Open house tomorrow at 4908 Souris Street in Bismarck.  Stop by between 1-4 pm and see this beautiful house!

-Beth Posey, Realtor @ Keller Williams Roers Realty office: 701-223-2120 or Cell: 701-390-9343

New listing

New Listing at 4908 Souris Street in Bismarck, ND.

Check out this home in Sonnet Heights.  It really stands out in the neighborhood!  

Open house Sep. 28 from 12-3pm and Sep 29 from 1-2:30pm.