The Difference Between an Inspection and an Appraisal

June 30, 2024

When you decide to buy your first home, in Lake Arrowhead or anywhere else in the nation, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.

RECENT POSTS:

By Vickie McCorkle June 23, 2025
It’s hard to let go of a 3% mortgage rate. There’s no question about it. It’s the main reason why so many homeowners have delayed their move in recent years. But here’s something to consider.
By Vickie McCorkle June 16, 2025
After years of it feeling almost impossible to find a home you want to buy, things are changing for the better.
By Vickie McCorkle June 9, 2025
Lately, it feels like every headline about the housing market comes with a side of doubt.
By Vickie McCorkle June 2, 2025
For 80 years, Veterans Affairs (VA) home loans have helped countless Veterans buy a home. But even though a lot of Veterans have access to this powerful program, the majority don't know about one of its core benefits.
By Vickie McCorkle May 20, 2025
If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?”
By Vickie McCorkle April 28, 2025
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
More Posts