Get a Pest Report

In addition to the general inspector, it's wise to hire a licensed structural pest control inspector, who will create a special pest report on the property. The pest inspector will look for infestation by wood-boring insects such as termites and flying beetles, as well as evidence of dry rot and other fungal conditions. Some general contractors are also licensed pest control inspectors, but they will of course charge extra for doing double duty. Be sure you get a written report of all inspections.

Consider Special Inspections

Depending on the property and your personal sensitivities, you may want to arrange specialized inspections for hazards from floods, earthquakes, and other natural disasters. If the general inspection revealed problems with the roof, foundation, or other areas that are hard to access or potentially expensive to repair, you may want to hire a specialized inspector. You may also want to hire inspectors to suss out environmental health hazards such as mold, asbestos, and lead.

After the Inspections Are Completed

If the inspection reports show the house is in good shape, you can proceed with the purchase, knowing that you're getting what you paid for.

If the inspections bring problems to light -- such as an antiquated plumbing system or major termite damage -- you can negotiate to have the seller pay for necessary repairs or to lower the purchase price, or you can back out of the deal, assuming your contract is properly written to allow you to do so.