Definition of Home inspection:
A complete, professional inspection of a property intended to check and evaluate the safety of the structure and mechanical condition. An adequate home inspection is often a condition set forth by the purchaser.
A home inspection is an examination of the condition of a real estate property. It usually takes place in connection with the property's sale.
A qualified home inspector assesses the condition of a property, including its heating and cooling systems, plumbing, electrical work, water, and sewage, as well as 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.
How to use Home inspection in a sentence?
- A home inspection is an examination of a property's safety and current condition, from its foundation to its roof and including its various systems (electrical, plumbing, and more).
- A home inspection is not the same as a home appraisal, which is required and scheduled by a lender to determine the value of a property for which a buyer is seeking a mortgage.
- When valuing real estate for investment purposes, a home inspection is one of a number of variables considered.
- A buyer arranges and pays for a home inspection and—depending on its findings—may choose to move on to closing, renegotiate the sale price, request repairs, or cancel the sales contract.
Meaning of Home inspection & Home inspection Definition