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Inspections vs. Appraisals vs. AVMs

Inspections vs. Appraisals vs. AVMs

Inspections, appraisals, and automoted valuation models, while related, all have different functions but can be easily confused. Let’s take a closer look. Inspections: A property inspection is ordered by the buyer and is meant to be an unbiased look at the condition of the property. While not necessarily required by a lender, an inspection protects […]