What is a "home inspection"?

A "home inspection" refers to an assessment of a property’s condition before purchase. This process typically involves a thorough examination of the home by a qualified inspector who evaluates various aspects, including the structure, roofing, plumbing, electrical systems, and other critical features. The main goal is to identify any potential issues or necessary repairs, providing the prospective buyer with a clear understanding of the home's condition and helping them make an informed decision regarding their purchase.

This critical stage in the home-buying process ensures that buyers are aware of any underlying problems that may affect their investment, allowing them to negotiate repairs or reconsider their offer based on the findings. In contrast, neighborhood analysis involves the examination of factors influencing the area but does not focus on the property's condition. An appraisal pertains to determining the market value of the property, which is a separate process from assessing its physical state. Finally, property tax evaluations are focused on determining the taxable value of a property rather than its condition.