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 is 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.

It is very important that you choose a qualified inspector who has plenty of experience with residential homes. In addition, look for an inspector who is certified by the National Association of Certified Home Inspectors (http://www.nachi.org) and, where applicable, is licensed and bonded in your state.

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 sees. You should receive an inspection report with descriptions, and possibly photographs, of any problems with the home.