To make sure we provide information you are interested in, when you're interested in it, if there are stretches of
updates you don't open, we'll automatically decrease the frequency of the updates you receive. If you like the updates,
you just need to open them to keep receiving them.
You already have a saved search with that name. If you save, you will overwrite the existing saved search. Are you sure?
How To Approach As-Is Listings
March 18, 2022 at 11:45am | Kathleen Quarterman
The ins and outs of how you should approach an as-is listing.
I’m sure you’ve seen a home on the market that's selling as is. Today I’ll explain what this type of listing means.
Selling a home as is means that the seller won’t do any repairs, even for issues that come up in the inspection. You will need to do a certification of occupancy for most as-is homes. Some towns require full building inspections, while others just require
smoke and fire. The seller may not provide a disclosure, so you may not really know of any issues with the house.
"Doing an as-is home sale comes with some risk."
Buyers need to pay attention when walking through the home. It’s a great idea to get an inspector to come with you as you're viewing the house. That way, you’ll be aware of any issues and know if you’re comfortable still putting in an offer. The
standard New Jersey contract does give buyers the option to do a home inspection. However, if you have certain clauses that waive that right, you may not be able to get out of a deal even if you do a home inspection and aren’t pleased with the results.
If you have any questions or want to sell your property, contact me at (609) 948-4306. I look forward to hearing from you.