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This is a question that for a lot of home buyers and some Realtor is not really cleared.
When buying a home, home inspections, pest inspections and appraisals are some things that you will need to pay for whether the deal goes through or not.
It's not a pass/fail operation. The inspector gets paid to complete an inspection - once that's done he has completed his job and his report will not show; PASS / FAIL.
Home inspections will however summarize the condition of a property, point out the need for major repairs, and identify areas that may need attention in the near future. The buyer’s agent and seller’s agent then negotiate the repairs that will or will not be made or if the seller will give a concession for an agreed upon amount.
That is really something that you need to take direction from your Agent about. A lot will depend on the reason(s) why you say it did not pass. Most of the time, repairs will be made, and the home inspector will come out for a second time if the Buyer chooses to have it re-inspected. Of course, they will want compensated for the second visit.
And just like you can't fail a physical (no matter how poor your health may be), a house can't fail an inspection. A home inspection is simply a visual examination of a house's overall condition. ... A home inspector does not tell a customer whether or not to buy a house.
A home inspection is simply a visual examination of a house's overall condition. The home inspection report describes a house's physical shape and identifies what might need crucial repair or replacement. Although what's covered in a standard report can vary by inspector, typically the status of the following will be included: heating system, central air conditioning system, interior plumbing and electrical systems, roof, attic, visible insulation, walls, ceilings, floors, windows, doors, foundation, basement and all structural components.
What the Texas Real Estate Commission says about a home inspection in terms of passing or not passing?
Texas Standards of Practice for Real Estate Inspectors . Click link below.