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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We had multiple offers on our house.  One waived inspection but did not have a great financing package.  We went with the offer with the best financing and went through the inspection.  If the two had been more equal, we would have absoultely chosen the one that waived inspection.[/quote]

I think I would find myself paying closer attention to the finances of someone who agreed to waive inspection.[/quote]

Why? It's just to gain an edge among buyers. [/quote]

because somebody who accepts to buy a house without an inspection is dumb and takes very unwise and dangerous decisions that can have bad financial consequences.

in a hot market,  buyer can have a pre-offer inspection, and than make an offer without inspection contingency. this has been very common in my area in the past year, to the point that homes ended up with multiple offers where most offers did not have the inspection contingency since several prospective buyers had done a pre-inspection.  the downside is that the ones who did not get the house paid for the pre-inspection and did not get the house (a friend did it a couple of times and lost the bidding war, after paying around $500 for each pre-inspection). but at least you know you are buying a home that does not need tens of thousands of $$ to repair a cracked foundation or other expensive repairs [/quote]

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