Get a Home Inspection

When you are making what is likely the largest investment of your life, you should know as much as possible about what you are buying.  That's why it's a good idea to have a home inspected before you make your purchase.  Most purchase contracts contain provisions for a home inspection to be performed within a certain timeframe, and sometimes they specify what action the buyer and seller may take if problems are uncovered. 

Finding a home inspector
It's very important that you choose a qualified inspector who has plenty of experience with residential homes.  Contact a national or state association of home inspectors to find out what certifications it requires for membership and if there are any members in your area.  You may also want to ask your real estate agent for a list of reputable companies. 

What the inspection should cover
At a minimum, the inspector should examine the following:

• Exterior structural components, including the foundation, roof, siding, and chimney.
• Interior structural components, including the basement or crawlspace, attic, flooring, and ceilings.
• Major systems, including heating, cooling, plumbing, and electrical.

You should make every effort to be present during the inspection so that you will have an opportunity to ask questions and see first-hand what the inspector looks at.  You should receive an inspection report with descriptions, and possibly photographs, of any problems with the home.