What is the difference between a real estate appraiser and an inspector?

The difference between a real estate appraiser and an inspector can be significant when it comes to making decisions about residential real estate law in New York. An appraiser is a professional who evaluates the value of a property. They look at various factors, including the condition of the home, recent sales prices of similar properties, and the condition of the neighborhood, in order to accurately determine a home’s value. An inspector, on the other hand, is someone who evaluates the condition of a home. They look for potential safety, health, and structural issues that may need to be addressed before a home can be sold. These may include checking for asbestos, examining wiring, and ensuring the condition of the roof and plumbing systems. Inspectors can also examine the home to make sure it meets code requirements. Therefore, while both appraisers and inspectors are important when it comes to real estate law in New York, they serve different roles when it comes to the purchase and sale of property.

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What is the difference between a real estate appraiser and an inspector?

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