When sellers say they are selling the property as-is they mean?

When a property is listed as is, it means that the seller will not accept any such request. Buyers can take the home in its current condition or look elsewhere.

When sellers say they are selling the property as-is they mean?

When a property is listed as is, it means that the seller will not accept any such request. Buyers can take the home in its current condition or look elsewhere. When a house appears as is it means that when the house is purchased, the buyer has obtained it exactly as is, with any structural or cosmetic defect. The seller will not compromise on the price and there will be no negotiations on repairs to the house.

It's what you see, it's what you get to buy a house. When an agent lists a home “as is”, it means that the seller or landlord sells the home in its current state, with no renovations, repairs, or improvements prior to the sale. However, pricing your home at the higher end of the spectrum could end up doing more harm than good when you sell your home. What you must disclose when selling a home depends on the specific state laws where you reside.

With a little preparation and planning, selling an “as-is” home can be an easy way to quickly and efficiently unload your property. Keep in mind that you are still advertising with a real estate agent, but you reserve the right to sell a home by the landlord. Sellers can even make certain corrections requested by homebuyers, if that's the only way they can sell the home. Alternatively, a home may have gone through foreclosure and is now owned by a bank, or the seller may have died and left the house to heirs or a real estate agent who have little idea what could be wrong with it, but who need to sell it.

So how do you sell a house in poor condition? You can do this by contacting a local real estate agent and receiving as much advice as possible. Pricing “below market value” due to needed repairs can attract “flippers” and other cash buyers looking to invest, rehabilitate and sell a home at a profit. Its purpose is to connect homeowners looking to sell a home quickly with buyers who are “ready to buy cash”. He actively writes about real estate topics, such as buying and selling homes, how-to guides for the home, and recommendations for household products.

When selling a home “as is”, there will be a perception by many that you may be “desperate” or very motivated to sell. Intentionally concealing or misrepresenting home defects when you sell your home can result in serious legal action against you or your real estate agent if they were involved. For homes that are not being sold as-is, buyers can use problems found during the inspection to demand that repairs be made (or that credits be provided so that they can make those repairs themselves). But that doesn't mean you sell an “as-is” home without its own challenges and disadvantages.

Unless it's a popular real estate sales market and other potential buyers compete with you, the realtor knows that the property won't sell until you get an offer that works for you.