A foreclosure home inspection is an evaluation of a property that has been foreclosed on and is now owned by a bank or other financial institution. The inspection is typically performed before the property is put up for sale, and it is intended to identify any potential issues that could impact the safety, functionality, and value of the property.
Not all foreclosure inspections are the same. If you’re looking to have an inspection completed on a property that is in foreclosure, be sure that the utilities are turned on so that the inspector can review all components in the property.