An inspection is a visual analysis of the accessible portions of the home and its component systems, such as plumbing, electrical, roofing, structural and cooling/heating systems. An inspector’s report alerts the buyer to potentially expensive and annoying physical defects in the condition of the home. Based on the inspector’s findings and recommendations, the buyer may use the results as an opportunity to probe the seller’s willingness to cure defects. Further, often times buyers may elect to exit the deal for material defects, negotiate a promise from the seller to make needed repairs, or convince the seller to grant a compensatory price reduction.
Although many buyers tend to hire a single inspector or inspection firm, the inspector may recommend
