Home inspector
The person who performs a home inspection and writes the report. Licensing requirements vary by state.
Also called: inspector
Related terms
A visual check of a home's structure and systems by a trained inspector, usually during the buyer's contingency period. It finds problems before you're locked in; it is not a pass or fail test.
The written findings from a home inspection, usually with photos and notes on safety issues, defects, and items to watch. Buyers use it to decide on repair requests or walking away.
A state-licensed or certified professional who estimates property values. For mortgages, the lender orders the appraisal so the appraiser stays independent of the buyer and seller.
A follow-up visit to confirm that agreed repairs were completed. It usually happens shortly before closing or the final walk-through.