Understanding Your Risk

Home inspectors all want to do a good job when offering home buyers consultation on the home’s condition and their purchase. As a buyer or agent, you want to seek home inspectors who are looking at things from a risk management perspective as opposed to critiquing building practices such as drip-edge style or other inconsequential deficiencies. Good home inspectors will consider risk as a product of potential loss and statistical probability. For example, a home’s roof may be missing a several asphalt shingles and still not leak for another five to ten years.

Real Estate Risk

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