Aimee,Â It means this:Â No Disclosure: The seller is not in a position to "disclose" facts or details about the condition or history of the property.Â Seen mostly in foreclosure-related properties, but can also be seen with estate homes, or other homes that are being sold for the lot.Â "As-Is": The seller is not interested in making the repairs to the house to bring it up to par with a comparable property.Â This description is also mostly related to foreclosures, but the elderly are also selling their homes with this attached if their home needs updating or something. Â "No Termite Letter" is also not uncommon.Â In 2008 in the State of Georgia, the onus is now on the buyer (their lender) to protect themselves from termites through a termite bond and letter.Â It's also normal to see in foreclosures.Â "Buyer Beware" is your first thought, but be prepared to take it a step further in order to understand why a home is being sold "AS-IS" "No Disclosure" and the like . . . If you're thinking of buying, don't forget that Buyer Representation doesn't cost you a thing.