Inspectors will let you know about the concerns they see at the time of the inspection. You can use that information to continue forward with purchase or use it to choose a different home. Again, the offer you made was contingent upon the home inspection being done. Sometimes this can be used as a negotiation tool and your realtor may suggest making request of the seller to change the terms of the agreement. If not, you will assume the house as is. It is always up to you as the buyer to make a choice that works for you regarding what home you want to live in!