Real Estate Question

Question Of The Day By G.K; “If A Property Says “As-Is” & No Disclosure, Should I Not Proceed?”

Answer: “As-Is” Is A Term Typically Used In Today’s Market When Dealing With Short Sales & Forclosure Properties. When It Also States No Disclosure, It Is Safe To Assume That The Owners Are No Longer Involved, And Since The Bank Is An Entity, They Cannot Advise On The Condition Of The Property. “As-Is” Is Not A Bad Thing Because You Still Get Your “Due Diligence” Time Period Under The Contract To Have A Professional Home Inspector Examine The Home; Then, You Can Determine If You Would Still Like To Proceed After The Inspection Report Without Any Penalty. If You Have Any Other Questions On As-Is Properties Please Call 850-877-2692