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preos and cons - selling "as is"

  • August 17 2013 - Charleston
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Answers (1)

Profile picture for Outer Banks N C
In my opinion using "As-Is" means two things:

1.  You will find major issues with the condition of the house


2.  And, the seller is not offering to fix any of them if you ask

A buyer can still ask for repairs and the seller can say no, but you then lose the buyer if they walk away. Banks do it because they don't care since it's not their money. Normal sellers should avoid it because a $2000 repair to you will look like a $10,000 repair to the buyer and they will make an offer with that in mind - if they offer at all.

tim
  • August 17 2013
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