Be Cautious, but no afraid when purchasing an "as is home"
Most home buyers who sign the contract presented by their representing Realtor have no clue it really means the Seller won't pay to repair the most obvious defects. However, I must warn the Sellers's it's not an excuse for the Seller to avoid disclosing the obvious defects as well as other defects not visible by the naked eye.
"When Sellers should sell "AS IS " without agreeing to make repairs is when they can't afford to pay for any repairs, estate situations when the heirs are from out of the area or when the Seller is not physically capable of making the repairs (elderly people).
Home buyers should understand that although its an "AS IS" sale, a professional inspection should and can still be performed. Inform the Seller that you need this inspection completed to identify the defects of the house so you have an understanding of what needs to be done to bring this property up to code. I also suggest language in the contract regarding any structural damage found that you have the option to cancel the contract.
"When Sellers should sell "AS IS " without agreeing to make repairs is when they can't afford to pay for any repairs, estate situations when the heirs are from out of the area or when the Seller is not physically capable of making the repairs (elderly people).
Home buyers should understand that although its an "AS IS" sale, a professional inspection should and can still be performed. Inform the Seller that you need this inspection completed to identify the defects of the house so you have an understanding of what needs to be done to bring this property up to code. I also suggest language in the contract regarding any structural damage found that you have the option to cancel the contract.
Labels: as is sale, buyer beware, home inspection, wildwood homes


