4,572,414
The current California residential purchase agreement contains language that all properties are sold in "as is" condition. There are standard disclosures that are required in most situations.
As far as surprises -- life is full of them. Be aware. Stay informed. Complete due diligence. Common sense is helpful too.
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Inna Ivchenko
Encino, CA
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Dorie Dillard Austin TX
Austin, TX
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Debe Maxwell, CRS
Charlotte, NC
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Kyle Beers
Spanish Fork, UT
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Anna Hatridge
Farmington, MO
1,197,272
No more than any other sale. It makes sense to get a home inspection prior to any sale
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Peter Mohylsky, Beach ...
Miramar Beach, FL
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
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Kyle Beers
Spanish Fork, UT
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Anna Hatridge
Farmington, MO
5,049,477
As Michael Jacobs says our CA contracts specify that sales are AS IS. That said, some buyers will ask for repairs after having an inspection, which are, of course, negotiable with seller who may stick to selling it AS IS. Doing your due diligence as a buyer is essential so you know what you are getting!
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
6,393,609
A few surprises in every property.
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Peter Testa
Danbury, CT
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
392,768
Buyer found out it was on public water not a well as was thought.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Anna Hatridge
Farmington, MO
117,135
seems like buyers can and will still ask for repairs...
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Anna Hatridge
Farmington, MO
613,494
"as is' ONLY means that the seller does not want to do repairs.
It does not mean they will not and it also does not mean they are not willing to reducing the price.
So yes we have had surprises but not because the property is sold "as is"...the surprises come typically with the seller lying about something.
Eve
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Debe Maxwell, CRS
Charlotte, NC
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Kyle Beers
Spanish Fork, UT
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Anna Hatridge
Farmington, MO
5,230,119
I recently had an experience with that - the seller failed to disclose a structural issue that they had even investigated (used the same structural engineer we did)!! We got all of the buyers money back for them and found them another property!
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Anthony Acosta - ALLAT...
Atlanta, GA
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Peter Testa
Danbury, CT
3,345,091
Holy Moly .... YES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Mostly due to non-disclosure of material facts.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
2,220,654
4,800,082
544,014
5,216,740
Oh so many! I suggested the seller tear it down
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Debe Maxwell, CRS
Charlotte, NC
2,684,109
Hi, Kyle.
Due diligence and proper inspections will prevent "surprises".
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Debe Maxwell, CRS
Charlotte, NC
5,583,278
there are always surprises.....there are sometimes surprises after a home inspection!!!!!!!
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Debe Maxwell, CRS
Charlotte, NC
1,502,998
That as-is doesn't mean as-is. Oh, wait not a surprise.
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Debe Maxwell, CRS
Charlotte, NC
7,836,425
Definitely. I have purchased many properties at trustee sale auctions where interior inspections were not available.
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Debe Maxwell, CRS
Charlotte, NC
2,178,603
"As is" is an open invitation to a party with a bucket full of surprises!
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Debe Maxwell, CRS
Charlotte, NC
1,598,452
599,274
Yes, because there are far too many sellers that say "as is" but then they accept repair requests. So "as is" doesn't mean the same thing to everyone.
1,725,996
3,626,530
Not so much, there has been a few. I always expect the worse, when I find one that is not totally destroyed I get a smile on as I pass it on to my buyers.
711,852
758,035
Yes, the Trifecta: (1) Buried Oil Tank (2) Failed Septic & (3) Freeze Damage
4,434,127
3,071,489
1,622,432
Not much, since the buyers have to ''investigate'' and inspect regardless of the condition of the property. Most properties in CA are sold ''as is''.
1,466,207
Kyle Beers Not as long as everybody understands the ground rules of what a property being sold "As Is" means. Education is key.
2,415
No ,No reason to be surprised most bank owned properties are purchased this way just do your due diligence and if need be reneoigiate your contract or pull out.
Thanks
4,319,419
5,005,659
3,988,007
Selling as is properties has taught me to not be surprised what shows up after the contract or after the closing.
3,986,258
5,772,575
1,239,901
If you know what you are doing and how good the agent is.
100% sales completed are as is.
1,712,676
No becasue every contract I di is subject to buyer approval of the inspection.
921,504
Surprises - Yes.
Because of 'AS-IS"? No.
AS -IS is a tool available that does not OBLIGATE the seller to make repairs.
3,416,038
NO, because whether buying or selling i check everything before so there are no surprises
5,104,931
2,781,173
Yes...if something is not disclosed it does not hold up AS-IS. The correct use of the intended is : AS-IS AS-DISCLOSED. After that, all surprises are your own