rookie: Inspection contingency, help?!

[Emmanuel Ivory]

Hi BP,

So my brother and I are buying our first home in Sacramento with intention of house hacking. We are speaking with the seller who wants to sell the house as-is, which I understand but the seller also wants us to waive inspection.

As a first time home buyer and someone who has spent months saving money for a down deposit, I am afraid of pulling out and loosing earnest money.

We do have a Pest report estimated repairs of $10,000. Seller offering $4k credit at closing and home renovated with a great deal.

Am I overreacting? Please any advice would help.