Okuzeka
Real Estate vocabulary · Buying & Selling

Home inspection

Meaning in real estate, with examples

nounCore term

In real estate, home inspection means: A detailed check of a home's condition by a trained inspector, covering the structure, roof, plumbing, wiring and heating before the purchase is completed.

In Turkish: teknik inceleme, bina ekspertizi, hasar tespiti

How it is used

American English; the buyer usually pays for it and receives an inspection report. Problems found may lead to repairs, a lower price or the buyer walking away. In the UK buyers order a survey instead.

Example sentences

  1. The home inspection found a small leak under the bathroom floor.

  2. We'll schedule the home inspection for early next week.

Common collocations

  • schedule a home inspection
  • home inspection report
  • pass the inspection
  • home inspector
  • contingencyA condition in a purchase contract that must be met before the sale can go ahead, such as the buyer getting a mortgage or a good inspection report.
  • appraisalA professional estimate of how much a property is worth, made by a qualified appraiser, often because a bank needs it before lending.
  • purchase agreementA written contract between buyer and seller that sets out the price, conditions and dates of a property sale before ownership is transferred.
  • maintenanceThe regular work needed to keep a building and its systems in good condition, such as fixing leaks, servicing the boiler and repainting.

More terms: Buying & Selling

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