A home inspection is a top-to-bottom evaluation of a home, completed by a licensed inspector. Home inspections are usually paid for by the buyer when purchasing a home. The role of the home inspector is to provide the buyer with a comprehensive report detailing problems with the home—both big and small. A buyer typically reserves the right to back out of the transaction if the home inspection fails, or they can attempt to renegotiate the price based on the cost of repairs.

Original Article Source Credits:   MYMOVE , https://www.mymove.com/

Article Written By:   ALEXANDER HARRIS