 Should i break my lease to move in a house? |
| I have until August with my current lease. My brother in law is leaving this beautiful house empty, but the owner wants someone there to help with her mortgage. Do I break my lease and move into my ... |
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 What do you do about a bad landlord? |
| The landlord knows of many "things" he has not fixed for two years now, he is now "mad" that I pointed out just one of many many things that have not been repaired since I let ... |
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 My sister is inheriting my mums house.? |
| 14 years ago she was the only one living at home so her and mum took out a mortgage to buy our council house, they paid £8000 for it. My sister then met and married a man the same year she moved ... |
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 Can a realtor go into your apartment when you are not there? |
My landlord is selling the building that we live in and he told us that we will receive a 24 hour notice when they may want to come look at the apartment.
We are still living there and will ... |
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 What actions can I take so my landlord will stop entering my dwelling without permission? |
| I have been having this problem for some time now. I have contacted her on several occasions advising her that she must give me a written notice of at least 24hrs before entering my dwelling unless ... |
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 Who is liable for the TV licence ? |
| my friend lives in a house which is shared. There is a communal living room and kitchen, and there are four other private bedrooms which are for him and the other people. They are getting reminder ... |
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 We want to own? |
| We went to go and apply for a mortgage and our credit union doesnt do mortgages. Who do we go to? We want a consultant to help us find out what we need to do and so on. Do we go to a bank and find ... |
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 Council housing/homeless? |
| My partner and I are separating, would I qualify for a council house? Or could I declare myself homeless (as I will be)? I don't earn much a month and I will struggle to pay rent for private ... |
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 Is it beneficial to use a real estate agent when buying a home from a home builder? |
| A real estate agent told me he could help negotiate the price and get us the better deal on a newly built home. The real estate agents at the builders location says they can get me a better deal if I ... |
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 I sold an investment home, without an agent. The buyer is paying close to? |
| $7,000 in loan fees....Not to mention other closing costs, like inspections, appraisals, etc. She wants me to pay part of her loan fees....I dont think I want to do that, I am already paying my ... |
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 Rent Skip? |
How long does a company chase you for unpaid rent?
I skipped town about 10 years ago without paying for three months rent.I want to go back to this town..will I get caught and have to pay it ... |
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 Home Owner Association (HOA) fees exorbitant!? |
| Our Board just raised the fee by $70 to over $420 a month! I think this is exorbitant, considering we have 1 unheated pool and a single crappy tennis court as our "amenities". Problem is, ... |
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 Is landlord liable if burgled? |
| I am in the UK and I am renting a property. Recently the landlord removed the wall and gate which separated the building from another property and has not replaced it. This means the back of the ... |
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 Is there a way to get in the MLS listing without a Realtor? |
| I am looking for a house but I don't want to use a Real Estate Agent.... |
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 Can we fire our realetor? |
We offered 440,000 for a house that listed at 450,000 they declined, so we offered 450,000 and their appraiser said 460,000
our appraiser said 455,000 we do not feel our realtor is working for ... |
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Berry | Why are some homes listed for selling "As is"? |
It makes me nervous to look at them, but my realtor says sometimes its nothing big |
 |
 
Your #1 fan
 |
I'm glad you're asking this. "As is" means the seller is selling the property without any promises to repair anything or to offer any type of credit for future work. I have sold properties like this not because I'm selling junk but because I don't want the buyer to think I'm going to invest more money to get my asking price. I have a pretty firm idea of a fair price for buyer and seller. "As is" is not necessarily a bad thing as long as the place is not in violation of fire codes or health codes...lol. I think it is sometimes better to buy something that needs a little work rather than something that's been renovated to someone else's tastes. |
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angela
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If a house is selling "as is" it simply means the seller is not willing to do any work to the house. Most foreclosures are listed that way since they are bank owned. It doesn't necessarily mean there is anything wrong with the house, the seller just doesn't want to be asked to replace the roof, or buy a new furnace, or paint, etc. |
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Mark L
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It means there are no representations or warranties as to the condition of the property. It means that you have to do your own due diligence to see if anything needs to be fixed. Before buying any of these properties, make sure you bring a home inspector with you to identify any problems. You can then build that into your offer price. Also, don't expect your real estate agent to offer much help. They just want a sale so they can collect their commission. Unless you have a buyer's broker, the real estate agent works for the seller (even if they are with you) and gets paid from the proceeds of the sale. |
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chatsplas
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Because the seller has no money to fix anything and no room to reduce price further due to mortgage foreclosure or other problems. The seller is unwilling/unable to adjust price because of the condition of anything--buyer beware. That said, don't ignore them. Look at them, just be sure you have a GOOD inspector and you know what any problems are in the house you wish to buy. The $200-500 is well worth the peace of mind!!! |
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estielmo
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You should have inspectors look them over carefully, but you'll never get a loan on a house with structural problems, so that should not be a problem.
"As is" could mean the kitchen is from the 50s... it needs a full paint job... the windows are old and need work... the a/c needs replacing... there was a rehab started and some of the work remains unfinished... it might need new gutters... |
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gemini
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It can be a very big thing. They are listed "as is" because the seller know the house has problems and just wants to sell the house, not fix it. As long as you have the house inspected and the problems aren't too bad or easy to fix, you could make a good deal. |
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flashinvestments
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That just means it needs some kind of repairs, and the seller is not willing to do them. There are ways to protect yourself. You just need to put an inspection clause in your contract, so that if you get a bad inspection, you are not obligated on the contract. |
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Gertie
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people dont want to sell you a house and then you come back after them 6 months later if the hot water heater went out or the pipes broke because of a clog they didnt know anything about. |
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Joshua R
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It means the owners not going to do anything to fix it. If you are interested in a property you should get an inspectionIf it is a fore closure property bank is not going to do anything. |
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HEATHER
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I bought my house in 2003. It was my first home (I am still there) and it was "as-is". The house was built in 1908, so it is old and has some issues. When I go to sell it in a few years, I will list it "as-is" because if I had the time/money to fix stuff (like old windows) I would have done it, and don't want to have an offer be contingent on fixing things, or guarantee that something in what will be a 104 yr old house at that point won't give out. My neighborhood is mostly homes that are 80-120 yrs old though, so listings "as-is" is very very common. |
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Ross
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The seller has to disclose defects that he is aware of. As is means he will not fix them. |
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Landlord
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It really only means that there will be no disclosures and you can not ask for anything to be repaired on the property. You can still hire inspections, just not ask for a discount if something is wrong.
It also means the house was foreclosed, normal sales require that disclosures be made. |
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Tyler M
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Normally in the purchase contract the seller warrants certain parts of the house e.g. foundation, plumbing, roof, etc. When they say as is they don't guarantee anything. |
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