It seems comical at times when something we've purchased breaks within days or weeks after its warranty has expired. In fact, its a running joke on every continent. But there is a big difference between a $35 product that can easily be replaced and $150,000+ home that provides shelter, safety and comfort for you and your family. A home warranty inspection should be performed prior to the expiration of your home's warranty so that items that need to be repaired can be fixed under the protection of your warranty without significant out-of-pocket costs, if any, being incurred by you.