Technically, when a real estate agent in Arlington lists a house to sell as-is, it means that the homeowner is selling the home in its current condition and will not make any repairs or improvements before the sale (or negotiate with the buyer for any credits to fund these fix-its). You'll rarely see this term on a property sales listing that's perfect and move-in ready.
People in Arlington normally sell as-is homes that are in disrepair for several reasons: the homeowners or other sellers can't afford to fix these flaws before selling (which would help them sell the home for a higher price), a home may have been through foreclosure and is now owned by a bank, or the seller may have died and left the house to inheritors or an estate agent who have little idea what could be wrong with it but needs to sell. Whatever the reason, these sellers aren't willing to pretty up the house before selling it. They just want to sell the real estate and move on.
This means that the buyer inherits any issues a home may have. However, selling a home "as-is" doesn't change the legal rights of the buyer. The listing agent still needs to disclose known problems and the buyer can still negotiate an offer with the final sale contingent after a real estate inspection.
What goes through your mind when you see the term "as-is" in a property listing in Arlington?
While some people may see this as a warning, others like real estate investors may see it as an opportunity. But what exactly does "as-is" mean?
Technically, when a real estate agent in Arlington lists a house to sell as-is, it means that the homeowner is selling the home in its current condition and will not make any repairs or improvements before the sale (or negotiate with the buyer for any credits to fund these fix-its). You'll rarely see this term on a property sales listing that's perfect and move-in ready.
People in Arlington normally sell as-is homes that are in disrepair for several reasons: the homeowners or other sellers can't afford to fix these flaws before selling (which would help them sell the home for a higher price), a home may have been through foreclosure and is now owned by a bank, or the seller may have died and left the house to inheritors or an estate agent who have little idea what could be wrong with it but needs to sell. Whatever the reason, these sellers aren't willing to pretty up the house before selling it. They just want to sell the real estate and move on.
This means that the buyer inherits any issues a home may have. However, selling a home "as-is" doesn't change the legal rights of the buyer. The listing agent still needs to disclose known problems and the buyer can still negotiate an offer with the final sale contingent after a real estate inspection.
Technically, when a real estate agent in Arlington lists a house to sell as-is, it means that the homeowner is selling the home in its current condition and will not make any repairs or improvements before the sale (or negotiate with the buyer for any credits to fund these fix-its). You'll rarely see this term on a property sales listing that's perfect and move-in ready.
People in Arlington normally sell as-is homes that are in disrepair for several reasons: the homeowners or other sellers can't afford to fix these flaws before selling (which would help them sell the home for a higher price), a home may have been through foreclosure and is now owned by a bank, or the seller may have died and left the house to inheritors or an estate agent who have little idea what could be wrong with it but needs to sell. Whatever the reason, these sellers aren't willing to pretty up the house before selling it. They just want to sell the real estate and move on.
This means that the buyer inherits any issues a home may have. However, selling a home "as-is" doesn't change the legal rights of the buyer. The listing agent still needs to disclose known problems and the buyer can still negotiate an offer with the final sale contingent after a real estate inspection.
