I'm assuming you're referring to buying a home in "as is" condition. In that case, I still strongly recommend a home inspection. If you discover any repairs needed during the inspection, you can still request a release of contract on the post inspection agreement. "As is" condition simply means the seller will not make repairs or give money for repairs. Please let me know if you have anymore questions.
Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
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Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
Your purchase agreement should provide you with some indication of what the sellers' intentions are with the "as is" clause. Typically, it means what Christina explained but it is the wording of your purchase agreement that will prevail should there be a dispute.