When purchasing an existing home, buyers are encouraged to obtain an inspection service to make the determination that the house they are purchasing is free of defects. Since HUD does not warrant the condition of the home, the buyer is best served when they are aware of their own responsibilities for assuring that the property is acceptable to them. Therefore, all lenders must provide a notice to the borrower. A sample form is contained in Appendix 4, or the lender may develop their own disclosure. The inspection disclosure is not required for new construction loans.