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The people involved
The inspection tells YOU the home's condition. The appraisal tells the LENDER its value. You want both, and neither substitutes for the other.
The inspector works for you: several hours in the home checking roof, foundation, electrical, plumbing, HVAC — ending in a report of problems and their seriousness. The appraiser works for the lender: an opinion of market value from condition and comparable sales, because the lender won't lend more than the home is worth.
A home can appraise perfectly and still need a roof — value and condition are different questions. Skipping the inspection to "strengthen the offer" means buying whatever problems exist, unexamined; understand exactly what you're waiving before you waive it.
If the appraisal comes in below your price, your appraisal contingency governs what happens: renegotiate, bring the difference in cash, or exit. That scenario is precisely what the contingency is for.
Source: HUD Housing Counselor Training, Module 4.1 (Homeownership/Pre-Purchase)
Who confirms it for you: Your contract's inspection and appraisal contingencies control your options in each case.
Educational, not advice — and never an eligibility determination. Program rules and loan requirements change; the cited source and the named confirmer are the authorities for your case.