buying your home

How the Home Inspection Works

Once the purchase agreement is signed, you'll need to arrange for a home inspection by a qualified, independent professional. Lenders generally require a home inspection before they'll approve a loan. As the buyer, you'll probably have to pay for it. Why is this in your best interest?

  1. A home inspection automatically increases the value of the home.

  2. A home inspection automatically helps you resell the property down the road.

  3. A skilled inspector can point out property issues which may affect your purchase decision.

The correct answer is "C". A qualified inspector may discover hidden problems, such as faulty plumbing or foundation cracks, which could be very costly to fix later.