October 9, 2019

You've paid for an appraisal. Do you really need an inspection? Short answer: Yes.

One of the most common questions home buyers ask is, "If I'm already paying for an appraisal, is a home inspection really necessary?"

To understand your options, it’s important to know the difference between the two.

An appraiser is evaluating the overall condition of the home for the purpose of determining its value. A home inspector's job is to dig deeper, and help identify any potential structural, mechanical, or other issues that a buyer or realtor might miss.

Although the Boles Group at Bay Equity Home Loans in Gilbert will almost never recommend skipping a home inspection, there are a few instances where buyers may feel justified it letting it slide.

  • New construction by a builder with a sterling reputation and excellent warranties

  • The buyer is comfortable with potential high-risk/low-reward situations

  • The buyer is extremely handy and feels confident doing a DIY inspection

Just remember, a stitch in time saves nine. If you forego the inspection, be prepared to deal with any problems that come up in the future.

A home inspection is a wise investment. It has the potential to save you tens of thousands of dollars down the road – and not just on older homes.
Although a new build may be under warranty for the first year, builder mistakes can easily go unnoticed until after it’s the homeowner’s responsibility to fix it.

Once you have found a home you’d like to purchase, your Boles Group lending professional would be happy to recommend a licensed, experienced home inspector.


Bay Equity Home Loans – Boles Group is a team of lending professionals located in Gilbert, Arizona and licensed to originate home loans for purchase or refinance in nine states (AZ, CA, CO, ID, MN, NM, NV, OR, WA). Boles Group lending professionals have the knowledge and experience to create solutions where other lenders create problems. The team prides itself on responsive, accurate communication and is highly regarded by clients and business associates alike.