Home inspection

A trained inspector's review of the home's condition. They check the roof, foundation, electrical, plumbing, HVAC, and major systems, and produce a written report. Not the same as an appraisal.

Inspections & appraisals · Updated September 2026

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Where this comes up: under contract

This word belongs to the under contract part of a sale. Here is what that part holds, in order.

  1. Go under contractSign the purchase agreement · Confirm earnest money is deposited
  2. Buyer's inspectionCoordinate access for the inspector · Give the inspector clear access
  3. Title workOpen title with your closing team · Review the title commitment
  4. Settle repairsDecide what you'll fix and what you'll credit · Collect contractor quotes

Your Room keeps this list for your own sale, with your dates on it.

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Part 1 of 4

Why a seller cares

Nearly every report finds something, and the list becomes a negotiation. Knowing that in advance is most of the calm: the question is never whether there is a list, only what you do about it.

Part 2 of 4

A simple example

The report lists a slow drain, a missing GFCI outlet and a furnace near the end of its life. The buyer asks for the furnace; you offer a $2,500 credit instead of a replacement.

Home inspection: a simple example
What the report foundWhat commonly happens
A slow drain and a missing GFCISmall items; often fixed by the seller or ignored by the buyer
A furnace near the end of its lifeA credit, a repair, or a price cut, negotiated
A foundation crackA structural engineer, and sometimes a buyer who walks

The inspection produces a list. What happens next is a negotiation over the list, not a verdict on the house.

Part 3 of 4

What people get wrong

That a clean inspection exists. Every home has a list, and a buyer who expects one negotiates calmly.

Part 4 of 4 · where to read next

Where it appears in the sale

What a definition is, and what it isn't

Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.

Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish

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