When can buyers typically waive their right to an inspection?

Buyers typically waive their right to an inspection before closing because that is when all conditions of the sale need to be finalized. By this point, the buyers often have enough information to make informed decisions regarding the property. Waiving the inspection right means that buyers accept the property as is, which can be a strategic decision in competitive markets where sellers may prefer buyers who do not require extensive contingencies.

In real estate transactions, the timeline is structured to ensure buyers have time to conduct due diligence. However, waiving rights to an inspection suggests that the buyers are comfortable proceeding without further scrutiny, which is often solidified before the deal officially closes. This option highlights the buyer's confidence in the property or a strategic move to strengthen their offer.

The other choices suggest different timelines or conditions that may not accurately reflect standard practices in real estate transactions, emphasizing the importance of clarity about when such waivers can take place.