What’s The Difference Between An Inspector and An Appraiser?

Some people think inspectors appraise property and appraisers inspect property. Nothing could be further from the truth. Appraisers work for the buyer’s lender to come up with an appraised value of a property to make sure the lender isn’t lending more than the property is worth. Inspectors inspect properties looking for defects that the seller will ultimately have to pay for. Neither works on behalf of the seller, which is why so many deals go down the drain after a bad inspection or low appraisal.

Author: Tim Knox

Tim Knox is often compared to a bull in a china shop. No matter what he does, he charges in full speed ahead and gives it his all. Sometimes his disruption and innovation turns an industry on its ear, but with a focus on serving the customer first and the old guard competition be damned, Tim’s clients always win in the end. And they love him for it. As a serial entrepreneur Tim started and multiple seven figure businesses. As a small business expert and startup coach he has worked with over 10,000 students. He is also a bestselling author, corporate speaker, social media expert, and avid animal rights activist. Tim likes dogs better than most people because dogs are usually smarter.

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