A home that is Subject to Inspection is where an offer to purchase the home has been accepted, and the seller is awaiting completion of the buyer’s home inspection.

Many real estate contracts allow for an inspection contingency, which is a period that the buyer has to inspect the property and negotiate with the seller about any repair issues that were found. Most inspection contingencies allow for a buyer to back out of the deal during their contingency period if they are not satisfied with the results of the inspection.