Waiving Lead-Based Inspection on Investment Property?

[Hector Lewis]

Hello,

I am in the process of making an offer on an investment property in Detroit.  This is my first property in the Detroit area.  On the offer, the real estate agent wanted to waive the Lead-Based Paint Disclosure Inspection.  This is an older house that was built in 1948 there is a good chance it has lead paint.  He stated that on the majority of offers on investment properties, the person making the offer rarely pay for the inspection to be done. 

I know that if I move forward and buy this property I can get Lead Paint Certified but how costly is that.

What are your thoughts on this?

Thanks,

Hector