The same people who write the code provide a nationally recognized test certifying people to interpret and enforce the residential building code. Those Inspectors are known as One and Two Family Dwelling Inspectors and they are certified as such by the Southern Building Code Congress International. Your Inspector will be proud to provide you a copy of his or her certification upon request. Click here for more information on becoming Code Certified. This happens all the time.
All houses come with problems.
There are no perfect houses, new or resale. Again, it depends. Some problems are major, some are minor. With all resale houses, the price may reflect repairs needed. Items noted in the report may be general maintenance items that you as a new owner will be expected to do.