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This is a phase inspection during the construction of a new home. This is typically the third, or final, phase of the inspection process. This inspection should include:

• Roof, chimney, and gutters

• Doors and windows

• Exterior items, like walkways, driveways, sheds, decks, patios, and garages

• Foundation, basements, and crawlspaces

• HVAC systems, including the thermostat

• Plumbing, toilets, sinks, and sump pumps

• Electrical conductors, circuit breakers, meters, and panelboards

• Attic, insulation, and ventilation

• Appliances, such as dishwashers, disposals, ovens, microwaves, and sprinkler systems

Source: thebalance.com 

The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments. 

Source: lexico.com 

The lowest load-bearing part of a building, typically below ground level.

Source: lexico.com

A measurement of the foundation movement on a property. Special tools are used to measure for possible foundation movement.

Source: UNVERIFIED

A foundation inspection is a visual inspection to isolate internal cracks and determine their threat levels, examine support beams and load-bearing devices, test how snugly doors, windows, and vents fit, assess the integrity of concrete walls and floors within the foundation.

Source: foundationrepairservices.com 

Four-point inspections will determine the approximate age and general condition of your home’s major systems.

A four-point inspection covers:

• HVAC (Heating, ventilation, and air conditioning)—We’ll check both the interior and exterior of your systems to determine the year, make, model, and condition. We’ll check for visible corrosion, leaks, drain pan issues, and more.

• Plumbing—We’ll assess your supply lines and look for any visible leaks under sinks or around drains and pipes.

• Electrical—A few of our tasks include checking panels, breakers, grounds, and types of wiring. If there is an overhead electrical panel, we’ll identify the year it was installed and verify the condition of the GFCI’s.

• Roof—In addition to assessing the general condition of your building’s roof, we’ll also check the attic for leaks, determine the age of your roof coverings, and assess insulation, skylights, and other important areas. 

Source: hometeam.com