Home Inspection

Inspection

NYC Homebuyer

Why You Shouldn’t Waive Your Home Inspection (Especially in NYC)

Don't loose out in competitive markets

May 30, 2025

In competitive markets, buyers often feel pressure to waive the home inspection to win a bidding war. But skipping this critical step could cost you thousands — especially in cities like NYC, SF, LA (or other competitive markets), where building issues are often hidden and construction is costly.

Risks of Waiving Your Inspection

  • Undiscovered issues like plumbing leaks, mold, or electrical hazards

  • No documentation to fall back on if problems emerge post-closing

  • Missed negotiation power to request repairs or price adjustments

NYC-Specific Risks

  • Shared systems (boiler, elevators, roof) that individual inspectors may not access

  • Historic buildings with aging pipes, foundations, or asbestos risks

The Smart Middle Ground: AI Inspections

AI-powered platforms like Pocket Punchlist allow you to:

  • Perform a visual inspection quickly using your phone

  • Get a condition report without delaying your offer

  • Protect yourself without holding up the deal

Use AI to Stay Competitive AND Safe

An AI inspection can flag red flags early, so you can decide whether to move forward or bring in a pro. Don’t waive your right to know what you’re buying — use tech to do smarter due diligence.