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Home Inspection

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Dictionary Says

Definition of 'Home Inspection'

An examination of a real estate property's condition, usually performed in connection with the property's sale. A qualified home inspector can assess the condition of a property's roof, foundation, heating and cooling systems, plumbing, electrical work, water and sewage, and some fire and safety issues. In addition, the home inspector will look for evidence of insect, water or fire damage or any other issue that may affect the value of the property.
Investopedia Says

Investopedia explains 'Home Inspection'

A home inspector is often hired by a potential home buyer to provide a written report regarding a property's condition, including an assessment of necessary or recommended repairs, maintenance concerns or other issues. A home inspection is an examination of the property's condition, and should not be confused with a home appraisal, which determines the value of the property.

Articles Of Interest

  1.

    Do You Need A Home Inspection?

    This step is important when purchasing a property because it may save you thousands.

  2. Top Tips For First-Time Home Buyers

    Follow this step-by-step guide to make your homeownership dreams a reality.

  3. Housing Deals That Fall Through

    Find why buyers back out and what you can do if you're left holding the bag.

  4. 6 Things You Think Add Value To Your Home - But Really Don't

    Not everyone wants to spend their weekends shaping backyard topiaries. Even though you may enjoy the improvements you make to your house, it doesn't mean that they'll increase its value.

  5. What You Should Know About Home Appraisals

    Home appraisals are an unbiased way to determine a home's value. Here is what you need to know about obtaining one.

  6. Tips For Transferring A House Title

    Transferring a house title can be complicated at times. Here are some guidelines to help you get through the process.

  7. How To Avoid Overpaying In A Real Estate Bidding War

    Some real estate markets are experiencing bidding wars because of low interest rates and shrinking inventory. Find out how to avoid overpaying if you find yourself competing for a house.

  8. 11 Hidden Costs Of Owning A Home

    The cost of buying a home extends beyond the down payment, closing costs and your mortgage. Watch out for these costs.

  9. How To Challenge A Low Home Appraisal

    If you're unhappy with your home appraisal, here are some steps you can take.

  10. Items Home Inspectors Won't Examine

    A home inspection is an essential step in any home purchase, but it's not foolproof. There are some things home inspectors won't check.
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