A home inspection is a limited, non-invasive examination or inspection of the condition of a home, usually in connection with a sale. Home inspections are conducted by a licensed, qualified inspector. A home inspection is carried out by an objective third party to establish the condition of a property during a real estate transaction.
An inspector will report on such things as a home’s heating system, the stability of the foundation, and the condition of the roof. The inspection is meant to identify major issues that might affect the value of the home and the stability of your and your lender’s investment and return.