Will A Home Inspection Report Identify Problems?

Yes, probably! When done professionally, a home inspection will be extremely thorough and, will most likely identify some problems (or protential problems). Most problems will be minor in nature and can be repaired after closing. Even newly constructed homes will have problems noted on an inspection report.

However, the home inspector will sometimes identify major, expensive to rectify problems. When this happens the buyer and the seller will often negotiate a solution before closing. If major problems are found, the buyer may insist on paying a lower purchase price, or possibily to change the contract terms. It really depends on the situation, the nature of the problem(s) and the terms and conditions in the contract.

That is why, before signing any contract, it pays to seek proper legal advice. You need to protect yourself in the likelihood of a home inspection report identifying problems.