What Is Home Inspection?
Home Inspection: A visual examination of a home's condition by a professional inspector, paid for by the buyer.
A home inspection is a non-invasive review of a home's structure and systems by a licensed or certified inspector, usually during your inspection contingency. It tells you what you're buying.
What it covers
Roof, attic, foundation, drainage, electrical, plumbing, heating and cooling, water heater, windows, doors, insulation, ventilation and built-in appliances.
What it doesn't cover
Anything hidden behind walls or under floors, cosmetic issues, and specialist areas like sewer lines, pests, radon, mold, pools and septic, which need separate inspections.
Cost and timing
Usually $350 to $700 for a typical home, more for large or older homes. The inspection takes 2 to 4 hours, and the report usually arrives within a day or two.
Inspection vs. appraisal
An inspection is for you, about condition. An appraisal is for the lender, about value. An appraisal is not an inspection.
Good to know
Go to the inspection. You'll learn how the home works, where the shutoffs are and which issues really matter.