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Inspecting your own potential house is not recommended. Home inspectors are specially trained to look for things you may miss. Unless you are a home inspector yourself, seek out a professional. Some states or financial lenders require a licensed inspector to complete the inspection.

The cost of a home inspection usually comes out of pocket for the potential homebuyer. Shop around and talk to a variety of home inspectors, especially if you have never used one before. Keep a running list of comparative information on each inspector. Costs can vary, depending on the size of the home and the region in which you are making your purchase. According to the U.S. Department of Housing and Urban Development, a typical range might be between $300 and $500.

Inquire about the inspector’s level of experience and ask for references. Inspectors who are confident in their service should willingly supply you with a list of references that can confirm they provide quality service.

Knowing the length of time for an inspection is important because you usually have to arrange a time with the realtor and the current owner for the inspector to examine the house. Since an inspection usually involves looking at pipes, wiring, roofing, and areas that may be hard to reach, it may require hours to complete. The home inspector you choose should provide you with an accurate estimate of how long the inspection is expected to take.

In many states, a report showing that an inspection was completed and what the inspection found is required before purchase. As with the specific state requirements for what is inspected, there is usually a requirement for what is listed on the form.

The inspection is designed to tell you what needs to be repaired on the house. There may be some requirements that the house needs to meet in order for your financial lender to lend you the money for the home. This does not mean that the house has “failed” the inspection and will not be able to be sold.