Many people wonder about the difference between a property appraisal and an inspection, and how each is used during the home buying process.

An appraisal is a formal assessment of the value of a home or property. When you are seeking financing, the lender usually requires an appraisal to ascertain the value of the property in order to make sure the loan amount does not exceed the value of the property being sold.

An inspection is an assessment of the systems and structural integrity of the property. It's normally ordered and paid for by the buyer at the time of inspection to find any hidden problems with the property. An inspection is often written into the Purchase and Sale Agreement as a condition of the sale.

For More Information about Appraisals and Inspections - CLICK HERE -

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Spacious 1(+) Bedroom Condo In Stylish Parkway ...

Photo of Listing #9770517

$160,000

Unit 503 - 1155 Ash Street

  • 1 Beds
  • 1 Baths
  • 687 SqFt

Townhome/Condo

Denver, CO

MLS® #9770517

Status: Active

Spacious 1(+) Bedroom Condo In Stylish Parkway Towers. Cleaned Out And New Carpet Being Ordered I...

Brokers Guild Cherry Creek LTD Status: Active

Lakewood Beauty In Move-in Condition! This End...

Photo of Listing #5337333

$175,500

Unit A-208 - 381 S Ames Street

  • 2 Beds
  • 2 Baths
  • 945 SqFt

Townhome/Condo

Lakewood, CO

MLS® #5337333

Status: Active

Lakewood Beauty In Move-in Condition! This End Unit Condo Features Two Bedrooms, Two Baths & Two...

Real Estate Connection Status: Active

Two-bedroom Condo, Just Steps From Belmar! Loca...

Photo of Listing #4752018

$180,000

Unit 305 - 234 S Brentwood Street

  • 2 Beds
  • 1 Baths
  • 813 SqFt

Townhome/Condo

Lakewood, CO

MLS® #4752018

Status: Active

Two-bedroom Condo, Just Steps From Belmar! Located Near The Denver Federal Center, Belmar Shoppin...

RE/MAX PROFESSIONALS Status: Active

Pride Of Ownership, Move In Ready Meadow Creek ...

Photo of Listing #7813747

$183,000

Unit D-29 - 6305 W 6th Avenue Frontage Road

  • 1 Beds
  • 1 Baths
  • 1,000 SqFt

Townhome/Condo

Lakewood, CO

MLS® #7813747

Status: Active

Pride Of Ownership, Move In Ready Meadow Creek Townhouse. Large Sunny One Bedroom Unit With Den/s...

AZTEC REAL ESTATE INC Status: Active

Great Location! Stroll To New 9th/colorado Urba...

Photo of Listing #2755598

$191,999

Unit 3c - 4110 Hale Parkway

  • 1 Beds
  • 1 Baths
  • 617 SqFt

Townhome/Condo

Denver, CO

MLS® #2755598

Status: Active

Great Location! Stroll To New 9th/colorado Urban Mall And Park Coming Soon. Minutes From Cherry C...

THE RESOURCE GROUP LLC Status: Active

Amazing Location!! Clean,light And Bright Updat...

Photo of Listing #6387512

$199,999

Unit 105 - 1390 N Emerson Street

  • 1 Beds
  • 1 Baths
  • 595 SqFt

Townhome/Condo

Denver, CO

MLS® #6387512

Status: Active

Amazing Location!! Clean,light And Bright Updated One Bedroom/one Bathroom In Capitol Hill. No De...

Urban Luxe Real Estate Status: Active

Welcome Home To This Sleek And Stylish, Fully R...

Photo of Listing #2828668

$205,000

1275 Colorado Boulevard

  • 2 Beds
  • 2 Baths
  • 770 SqFt
  • 0.01 Acres

Income

Denver, CO

MLS® #2828668

Status: Active

Welcome Home To This Sleek And Stylish, Fully Renovated Townhome In Lovely Congress Park! Brand N...

Porchlight Real Estate Group Status: Active

Don’t Miss This Delightful 1 Bedroom Condo Loca...

Photo of Listing #2071638

$210,000

Unit 20 - 1475 N Humboldt Street

  • 1 Beds
  • 1 Baths
  • 505 SqFt
  • 0.17 Acres

Townhome/Condo

Denver, CO

MLS® #2071638

Status: Active

Don’t Miss This Delightful 1 Bedroom Condo Located On The Top Floor Of The Historic Hamilton Buil...

BHHS Innovative Real Estate Status: Active

No Phone Calls Please! For Questions, Email Li...

Photo of Listing #7140181

$215,000

614 Lowell Boulevard

  • 2 Beds
  • 1 Baths
  • 784 SqFt
  • 0.12 Acres

Residential

Denver, CO

MLS® #7140181

Status: Active

No Phone Calls Please! For Questions, Email Listing Brokers. Drive By Only With A Contingency Fo...

MB REAL ESTATE BY ROCHELLE Status: Active

Location, Location!! Pristine Updated One-bedr...

Photo of Listing #9759979

$222,500

Unit 305 - 252 N Pennsylvania Street

  • 1 Beds
  • 1 Baths
  • 648 SqFt

Townhome/Condo

Denver, CO

MLS® #9759979

Status: Active

Location, Location!! Pristine Updated One-bedroom/one-bath Condo In The Sought After Speer Neigh...

Your Castle Real Estate Inc Status: Active

No Phone Calls Please. For Query, Email Listin...

Photo of Listing #2497004

$224,900

1335 Newton Street

  • 2 Beds
  • 1 Baths
  • 805 SqFt
  • 0.14 Acres

Residential

Denver, CO

MLS® #2497004

Status: Active

No Phone Calls Please. For Query, Email Listing Brokers. Drive By Only With A Contingency For ...

MB REAL ESTATE BY ROCHELLE Status: Active

Rare Opportunity For Sweat Equity Buyer With To...

Photo of Listing #3079848

$225,000

Unit 18 - 85 N Grant Street

  • 2 Beds
  • 1 Baths
  • 633 SqFt

Townhome/Condo

Denver, CO

MLS® #3079848

Status: Active

Rare Opportunity For Sweat Equity Buyer With Tools. Location Location Location. Second Floor, Cor...

Zephyr Real Estate Services Status: Active

 

 

 

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Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Listing information last updated on April 27th, 2017 at 10:38am MDT.

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Listing information last updated on April 27th, 2017 at 10:38am MDT.