Know What You Are Doing When Buying 'As Is'

When buying a home "as is" know what you are doing. In our Maryland contract, there are two choices -0ne "as is" without inspections

or contingencies regarding condition. 

The other is ''as is'' with the right to withdraw after inspections within a period, usually ten days.

This timing gives the buyer a chance to do an inspection and bring in various contractors to evaluate and provide estimates.

The problem is when a general home inspector then suggests having licensed contractors evaluate.  It might be a roofer, HVAC, electrician, structural engineer, plumber, etc. and before you know it, that ten-day period passed. If you are planning to purchase "as-is," line up your contractors all at one time, address your concerns upfront. 

Schedule your professionals all on one day with a 3-4 hour window.   

Questions about buying or selling a home

Call Margaret Rome