So, whether this is a house you're selling or buying, it's only natural that you may disagree with your home inspector's assessment, and that's your right. In fact, a good home inspector will gladly come out and recheck things if you can demonstrate that they either missed something the first time around, or that they pegged something as needing fixing - when it doesn't. But how do you ensure that the home inspector you work with is a good one?

"Looking for professional credentials is still the best way for consumers to select an inspector," said Mike Casey, President of the American Society of Home Inspectors.

Casey, a noted author, lecturer and building construction and code expert, suggests people check for references, professional affiliations (such as the ASHI), and interview at least three inspectors before deciding on one.

Casey said that as ASHI has worked to improve the professionalism of its members, federal agencies such as HUD (Department of Housing and Urban Development), nearly every state and even some local communities, have examined the home inspection regulation issue. Despite this, consumers still must exercise care when selecting an inspector.

"Regulation has yet to affect most inspectors, so looking for professional credentials is still the best way for consumers to select an inspector," he added, pointing out that consumers are wise to look for ASHI membership, check for references and interview at least three inspectors before deciding who you'll hire.

"In addition to verifying these credentials, we also recommend consumers obtain the details on the regulation that affects them," he said.

For example, the CREIA requires its members to successfully pass a written test of property systems and complete 30 hours of education each year. Not only does the CREIA keep records to ensure that members are complying with their requirements, but they also ensure that technological improvements in home construction are part of the education process.

Seven states have adopted the National Home Inspection Examination as a means of regulating home inspectors.

Finally, as with anything else, if you feel it's worthwhile to get a little more peace of mind, get a second opinion. Yes, it's an extra expense, but so is paying to fix a defective component of your property.