Home Inspection Service Risks and Fees

Being a Home Inspector is not without risk. The home inspection fee reflects the potential risks of the business such as potential loss of license, loss of income and payment of buyer damages.

One of the risks to a home inspection business is loss of license. A home inspector who makes a mistake can be at risk of having their license revoked. In the case of a revoked license, a home inspector cannot continue with their job.

The second issue is of losing income. If an inspector loses their license, they can’t continue the business and this can cause a large loss of income.

The last issue is regarding the damage payment. If the home inspector misses some issues in the house, they can be subject to damage payment.

In conclusion, a home inspector must charge an adequate home inspection fee to balance out the substantial risks that they take on.

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