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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.
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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.
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Search results for 'Home Inspection'
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http://www.investopedia.com/articles/mortgages-real-estate/08/home-inspection.asp
Do You Need A Home Inspection? ... In this article, we'll delve into what a home inspection
can reveal and why you shouldn't forgo this optional procedure. ...
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http://financialedge.investopedia.com/financial-edge/0511/10-Reasons-You-Shouldnt-Skip-a-Home-Inspection.aspx
... 10 Reasons You Shouldn't Skip A Home Inspection. Posted: May 20 ... save you
thousands. For more, see Do You Need A Home Inspection?). ...
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http://www.investopedia.com/articles/mortgages-real-estate/08/fair-price-on-home.asp
... Get an Appraised Value and a Home Inspection Once you're under contract, the lender
will have an appraisal of the property done (usually at your expense) to ...
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http://www.investopedia.com/articles/pf/08/better-business-bureau.asp
... find out if a company you are dealing with may be cooking the books.) 7.Check for
licensing information If you are looking for a service for your home, such as ...
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http://financialedge.investopedia.com/financial-edge/1011/Items-Home-Inspectors-Wont-Examine.aspx
... Filed Under: Home Equity. If you're buying a home, you'd be remiss to forego
a professional home inspection. An inspection can identify ...
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http://www.investopedia.com/university/home/home8.asp
... Home Inspection This inspection is technically optional (meaning that the lender
doesn't require you to get one, and you can choose your own inspector), but ...
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http://www.investopedia.com/articles/mortgages-real-estate/08/first-time-homebuyer-guide.asp
... (For more on the escrow process, read 10 Hurdles To Closing On A New Home.);
Obtain a home inspection. Even if the home you plan ...
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http://www.investopedia.com/articles/mortgages-real-estate/10/new-home-repairs.asp
... (To find out about what you need to know about home inspections, read Do You Need
A Home Inspection?) Here we look at some of the most common and costly ...
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http://www.investopedia.com/university/home/home7.asp
... situations. An inspection contingency means that if the home inspection reveals
substantial problems, you can walk away. A financing ...
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http://www.investopedia.com/articles/mortgages-real-estate/10/closing-home-process.asp
... Even fees for legitimate closing services can be inflated. (Learn more in Watch
Out For "Junk" Mortgage Fees.). 5. Complete the Home Inspection A home ...
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