Source: Realtor —
If you’re shopping in today’s uber-competitive housing market, you’ve likely seen homes listed as is for sale. And while you should approach any house being sold under this term with caution, buying a home as is doesn’t necessarily mean you’re getting a bad deal.
At its most basic, a home being sold as is typically means the seller isn’t interested in any sort of negotiation. This might be because the seller wants to move quickly or doesn’t want to deal with the hassle of making minor cosmetic repairs.
The real problem for buyers is when there’s more to the story—like a structural flaw with the home or hidden damage that can cost a small fortune to repair. So how can you decipher a run-of-the-mill as-is deal from a seller looking to hide something significant? Here are seven red flags to watch for if you’re considering a home being sold as is.