Home inspections are important. They tell you how the house works and give you visible details of the property condition. Depending on the stat you live in it's customary for the buyer or the seller to do the inspection. However, if your the buyer you want to be present to ask how things work and to make sure that everything that needs to be in the report makes it to the written report itself.
Inspections help you determine if (1) you still want the property, (2) if you want to renegotiate the offer, or (3) if you don't want to renegotiate and move on. It's better to spend a small amount up front on an inspection than a large amount later because you skip this smaller cost step that you may regret later.
On note of caution: get a licensed inspector or the terms of your contract and state law may require a licensed qualified inspector so you can renegotiate an offer.
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