Search results
Jul 31, 2022 · Technically, when a real estate agent lists an as is home sale, it means the homeowner is selling the home in its current condition, and will make no repairs or improvements before the sale (or ...
- Home Inspection
A home inspection consists of a checklist of potential...
- Home Inspector
Lesh compares it to getting a physical: When you get back...
- Home Inspection
Sep 28, 2020 · In real estate, the term As Is applies to the purchase of a home but with some added provisions. The Residential Purchase Agreement (RPA), has clauses within it that protect the buyer. We’re going to discuss these sections to better understand why they are in the contract.
Aug 28, 2017 · “As-is” is probably one of the most misunderstood phrases in real estate jargon today. Many sellers and buyers assume that if the terms “as-is” go into their sale, the buyers must simply accept the property in its current state. Sellers in fact are quite elated at times to get this terminology included in a con
- (860) 416-1255
- reidrealestategroup@gmail.com
Mar 11, 2024 · We can help you better understand the options you have in front of you. To learn more about the details of your commercial real estate contracts and how to work towards a better solution for your needs, contact an experienced commercial real estate attorney at LareDiaz Law today by calling 267-675-7060.
In an “as is, where is” transaction: Condition: The property is sold in its current condition, and the buyer is accepting it in that state. This means that the buyer is taking on the responsibility for any repairs or renovations that might be required. Risk: The risk associated with any hidden or undiscovered defects becomes the buyer’s ...
Nov 16, 2022 · As with any legal term, the “As-is, Where-is” term is a tool in the toolbox for buyers and sellers to use in the purchase and sale of real property for specific scenarios. Like any tool, its use, benefits, and risks should be fully explained before it is attempted in use to ensure the parties who are agreeing to it understand the ...
People also ask
What does “as is where is” mean in real estate?
What does selling a house as is mean in real estate?
What happens if a real estate agent lists a home as is?
What does it mean when a property is sold?
What happens if a property is sold as is?
What is a “as is where is” transaction?
Apr 1, 2024 · As buyers navigate the intricacies of as-is clause real estate agreements, these disclosures play a pivotal role in the decision-making process. While the allure of a potential deal is tempting, it is through meticulous examination and an understanding of as-is sales in real estate that buyers can make an informed, strategic investment.