Home inspector hired, will do a complete check of the property from the foundation through the plumbing, electrical connections and heating and cooling systems. Home Inspector will check all the doors and windows, floors, the attic and the basement, the ceilings and the exterior. Once the Home Inspector is done, he will produce a report.

Looking and considering that report you can make a decision to go ahead and close the deal or not after weighing in this report. If the problems mentioned in the report are big enough to consider backing out of the deal, it is a good idea to give the seller a chance to fix it before making any decision

To help you negotiate a fair sale price for a home, it’s best to get an appraisal and inspection report. Even if you agree directly with the home seller on a sale price, you may want these items to safeguard the value of your new investment.

Inspection done by home inspector would include: -

Exterior: This includes doors, windows, chimneys, decks, balconies, steps, drainage and driveway.
Plumbing: This includes pipes, sinks, drains, and bathroom fixtures.

Electrical system: This includes wiring and grounding equipment, amperage and voltage ratings, and circuit breaker and lighting fixtures.

Heating and cooling systems: This includes boilers, thermostats, heat pumps, insulation, air conditioning, central controls, fans, ducts and filters.

Home inspection report may exclude condition of paint, wallpaper, carpeting, household appliances and draperies. These are generally replaced by the buyer, whose tastes are likely different. You may also want a special inspection for pests, or for soil and drainage. Home Inspector would generally cost between $250 and $500.