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Recent Sales
$455,000
3
1
Countryside, IL
beds
baths
$890,000
3
2.5
Oak Brook, IL
beds
baths
$290,000
3
2.5
Indian Head Park, IL
beds
baths
$480,000
4
2.5
Bloomingdale, IL
beds
baths
Inspections vs. Appraisals vs. AVMs
Inspections vs. Appraisals vs. AVMs Inspections, appraisals, and automated 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 the buyer from purchasing a home that requires expensive repairs or otherwise doesn't live up to its list price. A property inspector will examine the condition of the property inside and out, running through a checklist of areas including, but not limited to, the roof, electrical panels, wiring, plumbing, app…
