Inspections You Should Require
Besides appraisal and the termite inspection, you should also have a professional home inspector go through the house and seek out potential problems. Of course, you will have already inspected the home yourself, but you are not used to looking at some things that a professional might find. Even if they are not things the seller is expected to repair, at least you will have foreknowledge of any potential problems.
The seller will want this inspection performed quickly, so that you can approve the results and move forward with the purchase. Once you receive the home inspection report, you will want to allow yourself sufficient time to review and approve the report. If you do not approve the report, you may negotiate with the sellers on which repairs should be performed and who should pay for those repairs. Otherwise, you can cancel the purchase without penalty, provided you have included timetables in your offer.
Allow a maximum of ten to fifteen days after your offer has been accepted to receive the home inspection report and give yourself five days to review it thoroughly.