One in 20 real estate transactions do not close. Inspection is the biggest culprit.

They have become so PC its ridiculous and borderline unhelpful at this point. They write their inspections so if anyone reads them, it raises little red flags. Then on top of that they cover themselves by just recommending a "specialist" for everything.

To be honest though, that stuff isn't their fault. It came from people being screwed over so many times.

Now the quality of an inspection is a different topic and the requirements for entry are basically nothing. Imagine if you had someone like a city government inspector as your home inspector. They are around its just most homebuyers don't know the difference when choosing an inspector.

More homebuyers care about their GFCI outlet thats not working than the giant foundation crack. My home inspector didn't find the biggest issue of our house when purchasing it. There was a significant piece of dryrot on a 4X10 on a elevated walkway which basically made that piece non-structural. It was caught by the termite inspector doing their wood destroying organism report.

/r/RealEstate Thread Parent Link - therealdeal.com