Typically you and your REALTOR® will meet the inspector on the property after the inspection is complete to review the findings. The inspector prepares a formal report and will submit it to you within a day or two after the inspection meeting.It’s very important that you are aware of major problems before, rather than after the home is purchased. Once the inspection is complete, the agent will help you prepare a list of any necessary repairs. If the inspection report uncovers standard issues, it is recommended to ask the seller to repair the items before closing.
If more significant issues are uncovered, you can either back out of the contract, ask for the repairs to be made, or ask the agent to help renegotiate the contract to reflect the home's deficiencies. Even if the home inspection doesn’t uncover anything significant, the peace of mind it provides is still worth the cost.