as is: Move In Ready Means What
- 01/02/21 06:22 PM
To help buyers find their perfect home, lots of questions need to be answered, and this term explained. What does move-in ready mean? Since it's the listing agent that describes the home in the description, there is no set standard of "MIR," and this term can be used rather loosely.
Here are some of the interpretations of the term Move-In Ready -A home in pristine condition with new carpet, fresh paint, updated working appliances and systems, a recent roof, and almost like new. -A home with the decor of a previous decade or two. -A home that is outdated could be ready to move in. -A home … (16 comments)
as is: Is "As Is" Really As Is?
- 06/07/18 07:20 PM
In our Maryland contract a property may be sold "as is" Why would you purchase "As Is"? Maybe there are multiple offers, maybe the buyer is comfortable enough to say they will not be asking for repairs. Maybe the buyer is planning to do a major renovation. Maybe the buyer wants to use this as way to negotiate. Maybe a seller will only sell this way and the price reflects the "as is" condition.
If you are writing an offer "As Is" you might want to look at how this will be handled. I have seen buyers try to negotiate repairs. Make sure you understand the contract.
Below … (11 comments)
as is: Can You Sell A House " As Is" ?
- 11/13/17 08:39 PM
There are times when the seller chooses to sell "As Is" for a number of reasons. Because of age, health, convenience or finances, the home owner's choice is to sell their home 'as is' without making any repairs or updates. The house may be marketed with words like.."price reflects the "as is" condition." Below is a section of the Maryland "AS IS ADDENDUM"
You can see there are two options that the buyer and seller have to agree to. The first is clear black and white...buying without inspections taking the house with no repairs. No refund of EMD if they "change" their minds.
The second is … (8 comments)
as is: How To Decide...
- 12/29/16 06:49 PM
Today I went on an appointment to answer questions about putting a home on the market. This property is in a very desirable neighborhood, good schools, well built, great lot but... it needs major updating. Or TLC my translation is "tons of liquid cash."
My opinion was requested about these options. Do we put money into the house, rehab it, update extensively and try to get the going price in the area? Do we market at a price that reflects the 'as is' condition and move it quickly?
Either way this home would sell. But I can only give my suggestions...I cannot make the decisions. They will call when they are … (9 comments)
Single family brick home with good curb appeal, 3-4 bedrooms, large fenced yard, full basement and plenty of storage room.
Baltimore Is Looking For Creative Buyers This One Is Not Move In Condition
This single family brick home is located at 3526 Woodmoor Road Baltimore County 21207 Conveniently located off Liberty Road and just minutes from the Baltimore Beltway. The price reflects the 'as is' condition. Are you creative? Are you handy? Do you like to renovate? Do you like … (7 comments)
This would be the perfect place to rehab into a wonderful home or consider a Bed and Breakfast. Sitting on 1.79 acres in beautiful Harford County, there are 6 bedrooms, 3 bathrooms, outbuildings and a garage. Are you up for a challenge. This old house needs you! Listed at $149,944, the price reflects the 'AS IS' condition. This property is on MLS #HR 8042094 2862 Sharon Road in Jarrettsville, Maryland 21084 This home has lots of history...built in the 1700's and originally … (10 comments)
To help buyers find their perfect home, lots of questions need to be answered, and this term explained.
;)
;)
;)
