Best of Luck,
Maria E. Cipollone
a " as is" sale is a home that may or may not have issues. But the seller is not willing to repair or give a concession on any damage that turns up on a home inspection.Because, in New Jersey, even if it is a "as is" sale. A buyer still has the right of home inspection by a licenced home inspector. And if something is found that is unacceptable to the buyer .The buyer has the option to ask the seller to address the issue or cancel the deal . But since I am not a lawyer . I would say confirm this with a lawyer.
maybe... I know it is junk and do not care. Take it as-is or look elsewhere.
very rarely... It is in good condition, but I do not want any hassles selling it. as-is just buy and leave me alone please.
Edward makes a good point. "As Is" on the listing may scare off buyers who assume the property has been neglected. I sold a property that was in pristine condition that was "As Is". It just meant the sellers were in California and not able to address any requests from the buyer. That can mean the buyers wanted the swing set removed, etc. Don't be afraid of "As is", just be sure you have a great property inspector. You may get a fantastic deal on a house if other buyers are scared off!
"As Is " is just as it sounds there will be no improvements or finishes on the property by the current owner. This could also mean that the buyer will be responsible to get the certificate of occupancy needed to transfer title on the property in most towns. Sometimes it is something as simple as an owner who invested too much money in the home and will not put another penny into the property and the house could need some minor improvements so it is sold as is to let the buyer know this is not negotiable. Other times it could be more serious and need major improvements to get it to code.
Suggestion: If you like the house and the price bring in a good inspector and get an assessment of the cost to get the house to code. If you are ok with the assessment consult a lawyer to get the legal aspect of the sale . Then if all is acceptable you can move forward to make an offer.