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Another problem is price shopping. Some homebuyers simply call a list of inspectors to see who charges the least. No consideration is given for possible quality differences, just price variations. Instead of asking for a price quote, buyers should inquire about experience and qualifications. Questions such as "How long have you been a home inspector?" and "How many homes have you inspected?" are far more important than "How much do you charge?" In fact, the home inspector with the highest price may cost the least in the long run.

If your home inspector missed serious defects that were visible at the time of the inspection, you probably did not hire the best inspector available in your area. A home inspection can be a highly beneficial experience or a low disappointment. It all depends on which inspector you hire. Whether you have recourse against the inspector depends on whether the defects were visible during the inspection.

Here's a tip for next time. Real estate agents know who the best home inspectors are. Some recommend the best inspectors, but others will not risk the deal on a thorough inspection. So take the time to check out home inspectors. Find one who is highly experienced and who has a reputation for thoroughness.