Selling Your Home "As-Is"

A Story by Michele Kreinheder | Updated 06/13/2013 9:09am


Thinking about selling your home but not sure you want to make needed repairs before listing it for sale? You're in luck! These days, many homes are being sold "as-is" due to an ever-increasing lack of inventory. An "as-is" home sale proposition releases home sellers from liabilities and repairs stemming from the home's condition post-sale. That doesn't mean a prospective buyer can't request an inspection. It just means that the seller is not responsible for whatever the buyer discovers in that inspection. So if the inspection reveals issues, you can still sell your home. If the home in question is a foreclosure, home buyers may be able to negotiate repairs a little more easily with a bank, particularly as they relate to safety hazards. However regular home sales or short sales are often a different story. Time is generally a motivating factor and multiple offers may speed the process. Home sellers offering a good price are not going to want to do needed repairs if they can sell the property "as-is" to an anxious buyer. Check local statutes and discuss them with an established real estate expert in your area to determine what you must disclose about your home, before deciding to sell. If you question the integrity of some area of your home, an "as-is" sale may be just the thing!
 

Contact Us

Michele Kreinheder
Real Estate Group
Please enter a name.
Please enter an email.
Please enter a phone number.
Please enter a message.
Loading...

Related Articles

te

Are you sure you want to delete this?

ConfirmCancel

Contact Agent

Michele Kreinheder
Please enter a name.
Please enter an email.
Please enter a phone number.
Please enter a message.
Loading...

Log In

Welcome back! Access your account below.
Please enter a login.
Please enter a password.
New user? Create an account Forgot password? Reset it here

Create My Free Account

Search Homes, Favorite Listings, and more!
Please enter a name.
Please enter a login.
Please enter a login.
Please enter a password.
Have an account? Log In

By submitting, you agree to our Terms & Privacy.
We make every effort protect your personal privacy.

Create My Free Account

Search Homes, Favorite Listings, and more!
Please enter an email.
Have an account? Log In
Please enter your name.
Please enter a phone number.
No thanks

By submitting, you agree to our Terms & Privacy.
We make every effort protect your personal privacy.