A home inspection is not a pass/fail exam. It is different even from a home appraisal, as a home inspection does not assess the dollar value of a home. A home inspection is designed to assess the home’s complete condition as well as the need for repairs or replacements. The inspection is to inform you of the condition of the property so that you know what you are getting into before purchasing. Therefore, there is no pass or fail. It is for your information and is well worth the money.