A home inspection is a qualified inspector's thorough examination of a home from top to bottom. When buying a house, the buyer generally pays for a home inspection. The home inspector's job is to give the buyer a detailed report outlining all of the faults with the house, large and little. If the house inspection fails, a buyer generally has the option to walk out of the deal or try to renegotiate the price based on the cost of repairs.
A home inspector will look for electrical, plumbing, mechanical, and structural issues on the subject property. Items that fail a house inspection include everything from yard drainage issues to foundation cracks.