What does "as is" means on a land or home?

**chriseverest** · 02-08-2007, 08:41 PM

Does that mean the seller won't make any changes? That the home or the out buildings would be sold as the way they're shown? THANK YOU

**Thesa** · 02-09-2007, 07:52 AM

generally it means that the house is sold as is.... with flaws and such - however that does not mean you take it as is.... you as a buyer are entitled at your expense to have any reasonable inspections and an inspection period - during that time you can negotiate any repairs - worst case they say no - you walk way and loose your inspection money - being aware of your inspection time frame is critical.

**Lenderles** · 02-10-2007, 09:55 AM

Hey Chriseverest

If you like the house and with a little rehabing, walla! Its what you've
been looking for. Ask your lender if they can find you a loan program were they allow rehabing. You may have to have good credit(Credit is determined by your lender) But,This way everyone is satisfied and you get the house.

Good Luck!

**TJ2007** · 02-12-2007, 11:32 AM

Generally Sellers will list the home 'as-is' if they don't want to make any repairs etc.

This doesn't mean it needs to be rehabbed or there are any repairs that really need to be made -it just means if there are any they want you to buy it as-is because they don't want to get involved with negotiating it or having to spend cash on it themselves