Difference Between Appraisal and Inspection on Homes for Sale in Encinitas

Encinitas Realtor Linda Moore outlines the difference between an appraisal and an inspection on homes for sale in Encinitas.

Homes for sale in Encinitas are like any other product that you are looking to sell and, therefore, it is important that you know exactly what it is you are selling. The appraisal and inspection processes are imperative to understanding how to market a home for sale, but many sellers presume that these processes are interchangeable.

In order to help you understand the importance of both an appraisal and an inspection here is a brief look at how and why each is essential to selling your home in Encinitas.

Appraisal

In California appraisers are very well-trained as the state requires trainees to enroll in multiple courses, undergo 2,000 hours of supervised training, and pass an examination before they can become a licensed real estate appraiser.

An appraiser will survey a home for sale in order to provide an approximate value for the home. While their focus may not so much be on the cleanliness of a home they will focus on any significant enhancements that the house has undergone, as well any repairs that may detract from the purchase price.

An appraiser will not only look at the house itself, but also the neighborhood it is located in, it’s proximity to schools or points of interest, and the sales of comparable properties in the area.

Inspection

Home inspectors may have knowledge regarding the repair and improvements needed on a home for sale that an appraiser does not. Inspection will educate the buyer or seller on any issues that need to be addressed.

Typically you can think of the appraiser as crucial to the seller, with the inspector often assisting the buyer.

In any case of a real estate transaction it is important to employ both an appraisal and an inspection to help your real estate agent in Encinitas market your home appropriately.

By Linda Moore

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