Many of the properties on the market today are being sold “As Is”. Short Sales, foreclosures, estate sales and traditional sales. Even though it says “As Is” you can in most cases (check your contract to purchase) still do a home inspection and get out of your contract if you decide to.
In the real estate contracts I have been writing for my buyers, part of the contract gives the buyer a home inspection period and attorney review period of 5 days. In some cases there have been home inspection issues that include code violations, major mold or structural issues to name a few. Some of my clients have backed out of their contracts and some have not.
I recommend to all my real estate buyersto do a home inspection no matter what. Do your due diligence before you buy so you know exactly what you are getting into and there are no surprises.
My team and I are experienced in distressed properties and can help you find a home to live in or investment property you are searching for.
Posted By: Julie Anne – The Julie Anne Real Estate Team at Keller Williams Success Realty
CDPE Certified for Short Sales and REO
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