Do inspections come before appraisals?

A property we were interested in had an offer and then was back on the market. We guessed that the inspection found too many costly issues. An agent told us that the appraisal must have been met since the price stayed the same when back on the market. Wouldn't it be more common to wait until after the... show more A property we were interested in had an offer and then was back on the market. We guessed that the inspection found too many costly issues. An agent told us that the appraisal must have been met since the price stayed the same when back on the market. Wouldn't it be more common to wait until after the inspection for the bank appraisal because if the inspection results don't suit the buyer there is no need for a mortgage. Thanks.
Update: In our particular case our bank will not give a mortgage on a property that is not livable. So we assume they have their own inspector. They once told us if there is a small hole in a wall no mortgage. We've seen the inside of the property in question and it meets their guidelines though there are other issues... show more In our particular case our bank will not give a mortgage on a property that is not livable. So we assume they have their own inspector. They once told us if there is a small hole in a wall no mortgage. We've seen the inside of the property in question and it meets their guidelines though there are other issues though it is quite liveble and has been by a 94 year old for the last 20 years.
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