I guarantee in a bubble market there are first-time home sellers forcing first-time home buyers to waive inspection in a home sold by first-time home realtors, none of whom have any concept of the fact that waiving inspection does not equate to the seller not having to disclose material defects.
“having to disclose material defects.”
Yes, I think you are right about that because most state laws have that included for real estate transactions, unlike say selling a car.