Northern Virginia SFH - Inspection Waiver

[Syed Shah]

So have been in the NoVA market looking for a SFH as a primary residence, but not have a deadline or rush.

This area and market is seeing quite a push, because of low inventory and majority of the buyers going above the list by $15K-$35K, along with waiving inspection and appraisals.

So wanted to ask a few questions in terms of scoring a deal:

1-Going in with list price and waiving inspection, as long as list price is meaningful and comparative to other comps? 

2-Going above the list after some numbers calculation, but keeping all the contingencies and then possibly negotiating after appraisal?

3-After some number calculation and physically looking at the house, going lower than list and waiving contingencies?

Is there any preferred approach or method which works better or not really? Because seller would just look at the most $$$$ and least hassle(of course).

Thank you for all the help and inputs :)

[Russell Brazil]

You are not getting an offer accepted with an inspection contingency in NoVa on a hot property now. 25% of homes are currently being purchased all cash no contingencies. You are going to need a very aggressive escalation clause, waive inspection and possibly appraisal. Get fully preunderwritten.