Buying a home in Westchester County, NY or Fairfield County, CT, involves many critical steps, two of the most common being the home appraisal and the home inspection. While both require a professional to evaluate the property, at Sonic Home Inspections, we often find our clients confusing these two processes. Knowing which professional does what—and when — is key to securing a successful, confident purchase.
The Difference Between a Home Appraisal and a Home Inspection
The Home Inspection: Condition and Integrity
Our comprehensive general home inspection is entirely focused on the property's physical condition and the functionality of its major systems. We act as your advocate, thoroughly evaluating the structure, roof, foundation, HVAC, electrical, and plumbing to uncover hidden defects, safety hazards, or maintenance issues.
The Home Appraisal: Value and the Lender
The home appraisal, on the other hand, is primarily for the mortgage lender. Its sole purpose is to determine the property's fair market value. The appraiser is a licensed professional who evaluates the home's condition but also looks at factors outside the home itself, such as comparable sales in the neighborhood.
Key Differences in Focus and Report
The main difference lies in the outcome: the inspection report details the condition of components and systems, while the appraisal report determines the property's value. Our certified home inspector will note a damaged roof shingle and its required repair, but we will not assign a dollar value to the house.
Required vs. Recommended: Who Orders Which?
The appraisal is typically a non-negotiable requirement mandated by your lender when financing a purchase. The new home inspection or full home inspection is nearly always recommended and paid for by the buyer but is generally optional. We strongly advise every buyer to make their offer contingent on a satisfactory inspection. Skipping a thorough inspection to save a small amount upfront can cost you thousands in unexpected repairs down the line!
Have a Certified Home Inspector on Your Side
At Sonic Home Inspections, our team delivers the detailed, clear, and actionable reports you need for peace of mind in Westchester County, NY and Fairfield County, CT. Don't rely on the bank's appraisal for your due diligence; contact us today to schedule your comprehensive inspection!