In New York real estate transactions, inspections play a crucial role in ensuring the integrity and value of the property being bought or sold. Inspections provide buyers with the opportunity to assess the condition of the property and identify any potential issues that may affect its value or safety.

For example, a home inspection may reveal structural problems, water damage, or issues with the electrical or plumbing systems. By uncovering these issues early on, buyers can negotiate repairs or price adjustments with the seller, or even decide to walk away from the deal if the problems are too severe.

References:

• Nolo - Home Inspections in New York
• The New York Times - What to Expect from a Home Inspection in New York City