The standard home inspector's report will review the condition of the home's interior plumbing and electrical systems, control of water and termites, appliances, the roof, attic, walls, ceilings, floors, windows and doors, the foundation and visible structure.
The buyer usually pays for the inspection. It is recommended that the inspection be ordered as soon as the contract is in escrow. The buyer is advised to make the purchase subject to a home inspection report. The buyer should be able to cancel the contract if the inspection report is not acceptable to the buyer.
If the inspection does reveal problems, it does not mean that the buyer should not buy the home. The buyer is now aware of what problems there may be and is aware of what he is buying. No house is perfect and there will probably be flaws to the home. The question is whether the buyer can live with the defects and whether the defects are major or minor. The buyer may be able to adjust the offer price based on what needs to be repaired according to the inspection report and how much the repairs will cost. The home inspector may not give an estimate of the repairs needed and a contractor will need to give an estimate.