No ………… When you go to your doctor for an annual physical exam, you get his professional opinion on your health. This is when you learn if you have issues that need to be resolved. And just like you can’t fail a physical (no matter how poor your health may be), a building does not typically fail an inspection.
The building inspection is simply a visual examination of a buildings general condition.
The report describes and identifies what might need crucial repair or replacement.
What is covered in a standard report can vary by inspector, typically the following components will be included …….. Roof, foundation, heating, central air, the interior, plumbing, electrical system, doors, windows, the site and the structural components.
If an inspector identifies problems, this doesn’t automatically mean you shouldn’t buy it. The findings simply mean you now know what you’re getting into. If the heating needs to be replaced in 6-7 months, you won’t be surprised when it happens. If major problems are found, the seller may agree to make the repairs, renegotiate the sales price or give you a credit so you can do the repairs. No building is perfect. It’s quite common for a building to have some hiccups ……… It just depends on how many faults you’re willing to deal with before you walk away from the sale.