"In the recent seller's market, we were seeing buyers actually forgo the home inspection - the professional, third-party review of the home's condition - because they thought the deal would close faster without it and they didn't want to lose the house to another bidder," explains Kuhn. "Many people were so desperate to find a home that they were willing to accept the home - as is - without knowing if the electrical system presented a fire hazard or if the foundation was in need of costly structural repairs."

Kuhn recommended that buyers have a home inspection performed on a property "shortly after a bid has been accepted or a contract has been signed." The inspector checks the electrical, plumbing, heating and cooling systems, as well as roofing and drainage, to ensure proper working order, according to Kuhn.

Kuhn advised buyers to be present for the sometimes two-hour-plus inspection to fully understand the report and how to maintain the various systems in the home.

Source:housemaster.com