Buying A House AS IS

The sellers have a ball in SF Bay Area. I have not sold a single home with conditions other then the loan.  Those wanting this and that fall by the wayside. Sorry way too many offers.

Majority release all contingiencies at first time even offer rent back to have an edge.  

I just sold and closed on a house "as is". The buyers had a home inspection and was good. Also the buyer's dad helped build the house and knew it was in great shape. I was so happy for this young first time home buyers.

As Sam Shueh says, our offers, to have a chance of being accepted, are always "as is" and most often with all contingencies waived. Of course, it is customary here for sellers to get a termite and property inspection reports; those are given to us along with all the various disclosures and other reports before we write an offer.

Also in California, a listing agent is required to make all reports available to potential buyers, so if a home inspection pointed out major flaws, future buyers would be aware of them.

"As is" is just an early form of negotiation where as Fannie Mae will still buckle to a well conceived argument Margaret Rome, Baltimore Maryland 

Margaret Rome, Baltimore Maryland will look forward to your next post in couple of weeks.

Not sure why should one buy the home 'as is'!

 Good morning Margaret Rome, Baltimore Maryland . I did an inspection yesterday on the house that was being sold as is. What can I say? It is what it is.

The one thing I always do with all my clients is have a very in-depth discussion with them about what "buying as is" entails. Many really don't have a clue. Then it's their decision whether or not to go ahead with or without inspections in the mix.

Good morning Margaret. The seller's now have disclosure issues in most states. The buyer has decisions to make! Enjoy your day!

As is.....if only it were the same when shopping for a future ex-husband. 

Margaret well you've got a can of worms opened.  It could go several  ways depending on if the sales price was really good and there was plenty of room left to handle all the big issues plus everything else or they could walk and say bye bye OR the buyer, in spite of an AS IS addendum in place could ask for repairs and seller could actually say yes. I just had an AS IS sale turn into a repair request from the buyes and our sellers actually decided to do the repairs.....you just never know sometimes. Do give us an update!

Margaret Rome, Baltimore Maryland Our contracts are As Is with the Right to Inspect.  I've only had one who waived an inscpection, but like Anna Banana Kruchten I've had many buyers ask sellers to either make repairs or for repair credits at closing (even though they are not required to do so.)  The fact is that if the buyer really wants to buy and seller really wants to sell, it can be worked out.  If there is too much wrong on the inspection, the buyer can always walk.  Let us know how it works out.

Good morning Margaret Rome, Baltimore Maryland ,

Excellent post and I agree with Elyse Berman comment "if the buyer really wants to buy and seller really wants to sell, it can be worked out." Where there is a will there is a way.