Buying a house that is sold 'as it' better than a remodeled house or not ?

First when a seller indicates that they are selling the property "as is" what this means is they intend to sell the property in its present state and do not intend to negotiate potential work that may need to be done.

The fact of the matter is these properties can be in various states condition and there is not a standard rule of thumb for what level of work is needed with an as is sale.

When evaluating a home there are few things to consider:

1. What type of loan you are using. If you are utilizing FHA financing, the guidelines for the condition of the home is often more restrictive. For example in parts of Oakland, there are many foreclosures. These properties can be in various conditions from move in ready to gut and rebuild. Basically if you are utilizing a loan, there will be certain standards of habitability that will be required, ie a kitchen, bath, heat and plumbing.

2. Do you want a move in ready house? When buying a house that is already remodeled you will need to like and appreciate the changes that the previous owner has made. Often time's homes in move in condition can be considered more desirable by buyers, so you may be in a situation where you are competing with other buyers.


3. Your price range. Typically homes that require some work, or are cosmetically challenged are priced with that in mind. Not to say a home already fixed up would not also be in you price range, but definitely something to consider as well.

Evaluating your needs and wants up front and then finding the home that fits those parameters typically is a better way to look at your home purchase. This way you are finding what will work for you and your needs.