What is the primary purpose of property inspections during a real estate transaction?

The primary purpose of property inspections during a real estate transaction is to identify potential issues before sale. This step is crucial as it allows both buyers and sellers to be aware of any problems that may exist with the property, such as structural damage, plumbing issues, or electrical faults. By identifying these issues ahead of time, buyers can make informed decisions about whether to proceed with the purchase, negotiate repairs, or adjust their offer based on the condition of the property.

Inspections serve as a safeguard, ensuring that the property's condition is thoroughly evaluated, which can mitigate future disputes and unexpected costs after the sale is completed. This diligence helps protect the buyer's investment and enables sellers to address any issues that might deter potential buyers before listing their properties on the market.