Which statement best describes what a Homebuyer Report contains?

• A. Contains survey and valuation
• B. Contains survey only
• C. Details repair advice and legal issues
• D. Includes valuation only

Answer: (A)

A Homebuyer Report combines a concise survey of the property's condition with an opinion of its current market value. The survey part provides a visual inspection, notes significant defects, uses condition ratings, includes photos, and flags urgent issues or maintenance needs. The valuation part gives an estimated market value to assist mortgage purposes. It isn’t limited to just a survey or just a valuation, and it doesn’t cover legal issues, so the statement that it contains both survey and valuation best describes what the report includes.