when I heard people were buying without inspections during the property rush I was agog and I hadn't bought a house.
I just bought a house and the inspection was very useful as a first time buyer.
Some electrics needed upgrading, the attic insulation had worn thin, there was evidence of old squirrel nests up there too, the crawlspace needed a vapor barrier, some tree branches were close to a power line... nothing major but all stuff that needed fixing.
We came to a compromise with the sellers that we'd split the cost of everything that came back in the report 50/50.
It certainly gives peace of mind to know there's no sword of damocles waiting to fall