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In this video, real estate expert Blaine Cruz discusses handling negative home inspection reports after finding a desired home and going under contract. He highlights that these reports can be major deal breakers for both buyers and sellers, inducing fear despite most issues being fixable. Cruz emphasizes that with a skilled real estate agent and a competent home inspector, buyers and sellers can address a failed inspection without panicking. He clarifies that a bad inspection doesn't necessitate panic; instead, it presents options. Finally, Cruz defines a home inspection as a documented professional opinion based on visual evaluation and operational testing of the property.