Inspecting & Appraising the Home
After your offer has been approved, your lender will want to have the home professionally appraised. Not only does this step help validate what you think the home is worth, it validates its worth to the lender – a requirement for getting your loan.
Your home is one of the biggest investments you’ll ever make, and getting it professionally inspected prior to closing is critical. This gives you a final opportunity to have every facet of the home examined – including the roof, air conditioning, and foundation. You want to ensure your home is in good condition before you buy.