A home inspection is a thorough examination of a property to assess its overall condition and identify any potential issues or problems. It is usually performed by a professional inspector and is typically required by mortgage lenders as a condition of loan approval. The inspection usually covers the structure, roof, electrical and plumbing systems, HVAC and other areas of the property.
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What does home inspection mean?
Related terms
Prepaid Expenses
Agreed Boundary
Corporate Relocation
Condemnation
Voluntary Lien
Investment Property
Implied Warranty of Habitability
Low Density
Return on Investment
Investment Related Savings
Certificate of Occupancy
Dual agency
No-Competition Lots
Homesteading
Corrective Work
Inspection Contingency
Gag Rules
Blighted Area
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