Waiving contingencies in Bay Area market?

[Mayank Jain]

Hi everyone,

I'm a new home buyer from Bay Area and trying to get pre-approvals in place before I start making offers. I have strong financials and will be doing a >50% down payment for a Condo. DTI < 33%

I've been constantly getting advised by my real estate agent (& i've discussed this with multiple agents) that if I add any contingencies to the offer, it won't stand a chance in the bay area market.

If that is the case, how do I protect myself from challenges which could be found during home inspection / pest inspection related contingencies?

Would love some inputs here.
Thanks!