Due to the current hot housing market, buyers sometimes skip home inspections to beat out competing offers, and it's easy to see the appeal when every day of contingency can cost you the house.
But waiving the inspection doesn't make the problems go away, it just means you find out about them after you own them. Foundation movement, roof damage, outdated electrical, and hidden water intrusion are exactly the kind of issues that don't show up on a walkthrough with an agent.
These aren't small fixes either. A roof replacement, foundation repair, or electrical panel upgrade can run well into five figures, money that's a lot easier to plan for before closing than to discover after.
If competitive pressure is real in your market, consider a pre-offer walk-through inspection instead of skipping it entirely, a shorter, faster look that still catches the big-ticket problems before you're locked into the deal.