Should I ever waive the home inspection to win a competitive offer?

It's risky and generally discouraged. Waiving inspection means you accept the home as-is with no chance to renegotiate or exit over defects, exposing you to potentially tens of thousands in hidden problems like foundation issues, failing sewer lines, or an aging roof. If a hot market pressures you, safer middle grounds exist: keep the inspection but pre-agree to only walk for major structural or safety issues, or do an information-only inspection with no repair requests so the seller sees you as low-friction. A pre-offer or pre-inspection before you bid is another option. Never waive it on an older home or one you can't afford to repair. The peace of mind usually outweighs the competitive edge.