Question Details

Antonella Lu…, Home Seller in Pembroke Pines, FL

In an AS IS CONTRACT situation, Do I have to buy the house without any hope that the seller will do repairs?

Asked by Antonella Lucio, Pembroke Pines, FL Wed Mar 13, 2013

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BEST ANSWER
You always ask. After having a home inspection it is customary to present the seller with a list of defects and demands to fix them. On an As Is sale, the sellers does not have to fix them. Although I would check with a lawyer regarding any items that are fixing up code violations.

Best of Luck,

Maria Cipollone

http://www.Flahomespecialist.com
2 votes Thank Flag Link Thu Apr 25, 2013
In most cases, when considering an "AS IS" offering buyers would be well advised to make their best offer based on the condition of the property and what the anticipated needs will be.

"AS IS" is a simple declaration that the seller is not interested in making any repairs to the property. Whether or not they WILL make an exception would likely depend on the person, the repair, and cost associated with the repair.

But going into one of these situation buyers should not plan on any repairs being done by the seller.

Good luck,

Bill
0 votes Thank Flag Link Thu Mar 14, 2013
If the property is listed "as is" you should evaluate it with the assumption that little to nothing will be done/credit offered for repairs. Do your inspection so that you can make a sound decision on whether to proceed whether the seller makes repairs or not.

But again, evaluate with the assumption that it really is "as is" since that is the assumption the seller is making and the basis on which they are pricing the property. Consider "as is" condition in the price you offer. If you come to terms on price, and then hit them with a moutain of request, it will likely not go very well.

Good luck and best,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
0 votes Thank Flag Link Thu Mar 14, 2013
I have been on both sides of transactions with as-is contracts, but the sellers bent over backwards to fix issues, especially when they were minor. They were not required to do so per contract. So the answer is MAYBE
0 votes Thank Flag Link Wed Mar 13, 2013
In virtually all cases your best and only hope is to ask for it up front in your initial offer. Sellers selling as is do not want to renegotiate after a home inspection. They also may want to credit your for anything needed or sell the home for less than complete repairs for reasons that they dont have any money to complete them, cant do it themselves or are in a hurry to sell.
0 votes Thank Flag Link Wed Mar 13, 2013
Hi Antonella,

When it states 'As Is', this means the seller is letting you know up front they will not do any repairs. However, you can always ask them to do repairs - especially if they are safety issues. Don't expect them to do them though - especially if they're NOT safety issues. Make sure you have home inspection contingencies in effect so if they refuse to do repairs, you can cancel contract (if you want to) without any repercussions.


Shanna Rogers
SR Realty
http://www.RealtyBySR.com
0 votes Thank Flag Link Wed Mar 13, 2013
There is a possibility that the owner will; but the first step is for you to ask. As long as your within the inspection contingency period, it's your call whether to pass or play.
0 votes Thank Flag Link Wed Mar 13, 2013
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