Oh boy, if I had a dime for every time I get asked that question. It's usually asked at the very end of the home inspection after I've discussed the major defects that I found during the home inspection. I wish I could give them the peace of mind that they're looking for, but in reality I can't. Setting aside the litigious society we live in and the implications of me "recommending" that they buy or not buy the house, I think that what they are really saying by asking that question is that they don't fully understand the long term implications of all the problems this house has, or they're not emotionally or financially ready to be a 'homeowner', with all the recurring repairs and maintenance that accompany the title. For that reason, I will again go over the major defects found, with emphasis placed on discussing their options with their Realtor.
In the end, if they still press me for an answer, I'll tell them that I've performed major home renovations on almost all systems in a house, doing most of the work myself. I've had my own handyman business. I have the technical knowledge and the practical hands-on expertise to fix just about any problem the house may have, from the foundation to the roof and everything in-between. I can't stand shoddy workmanship and often times have to just do it myself if I want it done right. It's why I became a home inspector. Home Inspectors understand that houses are not built to stay in pristine condition forever, especially in the extreme environment of the Phoenix, AZ desert. Wether you live in Queen Creek or Sun City, walls crack, the ground moves and the rain always find a way inside. It's not any less of a house if the repairs are done right.
Yes, I would buy this house, but maybe you shouldn't.