When purchasing a new home the importance of a home inspection should never be overlooked. When dealing with what may be the largest capital investment of your life, ensuring you know exactly what you are dealing with is important. When a seller puts their home on the market they must disclose problems and latent defects on the Property Disclosure Statement. In some cases, sellers will even commission a home inspection before their home goes on the market to rectify any problems and have a deeper understanding of the condition of their home to assist with pricing. Under almost all conditions it is recommended buyers organize their own independent home inspection too; this is often worked into the contract as one of the subjects to sale.