First time buying a home

[Mohamed Reda Koraichi]

Hello,

I am in process of putting an offer on my first home. 
the offer says I have 5 days to notify seller upon the acceptance of the contract, if there are any findings that will make me back out.
Does that mean I need to get an inspector in the next 5 days if seller accepts my offer?

Do you advise getting a lawyer before submitting an offer?

in “as is” if  you back out due to finding in inspection will I lose my earnest money?
when should I have an attorney in the process?

I have work all week. Is it alright if I don’t attend inspection? Or can I ask an extension for 5 days to 10 days?