Home inspection is for you
The inspection is a top-to-bottom look at the home's condition — roof, HVAC, electrical, plumbing, and structure. It's for the buyer's information and negotiation, not the lender.
Appraisal is for the lender
The appraisal is an independent value opinion the lender uses to make sure the loan is supported by the property. It's not a condition report.
What happens if values or conditions differ
A low appraisal can trigger renegotiation, an appraisal-gap contribution, or contract cancellation. Inspection issues may lead to seller credits or repairs.
Key takeaways
- Inspection = condition (for the buyer).
- Appraisal = value (for the lender).
- Both can affect negotiations.
Frequently asked questions
Apply Now
Start your application
Quick, secure, mobile-friendly.
Ask Cesar AI
Get instant answers
24/7 mortgage AI assistant.
Calculator
Run the numbers
Payment, affordability & refi tools.
Consultation
Book a meeting
Talk to a licensed advisor.
Contact
Reach the NexGen Capital team
We'll respond within one business day.