Frequently Asked
Should I waive the inspection contingency to win a multiple-offer situation?
Quick Answer
Waiving the inspection contingency entirely means accepting the property's condition regardless of what an inspection would reveal, which carries real risk. A more measured alternative is often available — such as a shortened inspection period or a cap on requested repairs rather than eliminating the inspection outright — and this decision should be made with an agent and lender in advance, not reactively during a bidding situation.
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