The Home Inspection

An inspection contingency should be included in your purchase contract. A termite inspection is required by many lenders, however you might want to include a detailed inspection that encompasses property defects, lead, radon or other environmental hazards. This process could take several hours when performed by a trained professional. The service may also cost several hundred dollars, but is extremely valuable both for your safety as well to ensure you're making a sound investment.

While some sellers have their homes inspected before putting their property on the market, it's best to hire your own expert. Experience is one of the top qualities you should look for in an inspector. Also, regardless of the amount of experience, examine their professional qualifications and any specialized training. The inspector you choose should also be employed full-time as an inspector and carry error and omission insurance. In addition, a quality inspector will have a membership in a professional home inspector's organization, such as the American Society of Home Inspectors (ASHI) or National Association of Home Inspectors (NAHI). Make certain the inspector you select can provide references and is willing to let you attend the inspection.