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Does California Bank and Trust require a homeowners inspection?

April 26, 2017Bank California Homeowner inspection require Trust

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Does California Bank and Trust require a homeowners inspection?

1 Answer

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No. Homeowners inspections are generally requested by a buyer as a condition to the purchase of the home. Many home buyers make the purchase of their home contingent upon a homeowner’s inspection. A homeowners inspection should not be confused with an appraisal, which is required in order to support the valuation of the mortgage security.