Considering Skipping an Inspection? Think Again
Home inspections have limits. Before choosing to buy without one, understand what may be missed and how that decision can get expensive.
NEW YORK – A home inspection can uncover costly problems, but buyers shouldn’t assume the process is foolproof. Many buyers are unclear about what a home inspection includes, whether their state requires inspectors to hold a license or whether the inspector carries errors and omissions insurance that protects against negligence, such as missing a defect in the property.
Inspections are typically visual reviews of a property's structure and systems and may not include checks for mold, radon or other specific concerns unless requested. Licensing requirements also vary by state, and inspection agreements often limit liability if something is missed.
American Society of Home Inspectors (ASHI) executive director James Thomas said 35 states require home inspectors to be licensed, 15 states don't issue licenses and others regulate inspectors by statute, which are generally less rigorous than the requirements for licensing.
Experts say buyers can reduce risk by researching inspectors carefully, confirming they carry errors and omissions insurance and attending the inspection in person.
Buyers who accompany inspectors should ask lots of questions, run all of the appliances through a complete cycle and learn about the potential costs of repairs and whether those repairs are urgent.
"It's very important for a buyer to be as educated as possible," said Margery N. Weinstein, a partner at the New York City law firm Schwartz Sladkus Reich Greenberg Atlas. She and other professionals caution against waiving inspection contingencies in competitive markets, as even minor oversights can become expensive surprises after closing.
Source: Wall Street Journal (02/16/26) Friedman, Robyn
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