Inspectors are useless, and their contract shields them from any liability regarding faults they don't find. IMHO, except for the most glaring deficiencies, inspectors don't find jack and have no accountability. I'm currently in month eight of major repairs to our 5 unit condo complex ($200,000 worth of damage) due to water penetration behind stucco that literally rotted out 80% of the OSB sheathing on one whole side of our building. We're talking years of unseen water penetration into the wall cavities before it got to the point where we were able to detect actual internal damage. I mean when they ripped off the stucco from the house, it was literally a sea of black rot, yet over the years there were five inspectors out conducting pre-sale inspections for new buyers and NONE detected the fact that one side of our building was rotting to shit. One poor sod that bought his unit two months before we discovered all this tried to go after his inspector, and when he was asked why he didn't find any of these water intrusion issues he said "you need to specifically request a moisture intrusion inspection or building envelope inspection". Basically despite water intrusion being the #1 problem with homes, it's supposedly not included in a basic inspection..
Also, as a rant, is there anything in life more painful than dealing with general contractors? Is there any other profession out there that has as many incompetent, irresponsible, thieving people in a single profession? We've gone through two general contractors in the last ten months, each total scumbags that didn't adhere to their contracts, tried to cut corners, never showed up on time (or at all), etc.. We're eight months into our renovation, only maybe 50% done, and each day where we actually see workers on the property feels like a D-day fucking victory. It's insane-- eight months later and I'm still running home when it rains to place buckets in my living room.. There's a point where you feel like a powerless victim at the hands of these construction scumbags..