How well do you know some of the different words used to describe people dealing with Real Estate?
Do you know what these mean?
Real Estate Agent: A person licensed to negotiate and transact the sale of real estate.
Home Inspector: A professional who evaluates the structural and mechanical condition of a property through a thorough inspection. A satisfactory home inspection is often included as a contingency by the purchaser.
Appraiser: An individual qualified by education, training, and experience to estimate the value of real and personal property. Most appraisers are independent, although some appraisers do work directly for mortgage lenders.
Assessor: An official working for the government who establishes the value of a property for taxation purposes.