A home inspection is a visual examination of the physical condition of a home (or other building). This is usually, but not always, connected to the sale of that home or building and its findings often determine the successful completion of that sale.
A home inspection will usually include an examination of the foundation and basement, roof, attic, heating and water systems, electrical and plumbing systems, as well as the general condition of the structure itself. An inspector will look for poor construction practices and make note of any repairs that might be required or any general maintenance issues. Importantly, they will also make note of any fire and safety issues that need to be addressed.
Home Inspections are not conducted on a pass or fail basis; it provides a report that shows an itemized list of the condition of the home or building and any work that should be done. An inspection is conducted in about 95% of all real estate home transactions.