Source: Daily Herald —
Q: In a past article, you wrote: “It is the height of professional irresponsibility for any real estate agent to advise a client against having a home inspection.”
In most cases, I would agree with your advice. But in a hot market, purchase offers that call for a home inspection are often rejected by sellers. Wouldn’t you agree there are exceptions to your rule, when as-is offers are more likely to be accepted?
A: In a hot market, it is understandable that a seller would stipulate an as-is sale. In such cases, it is essential that the meaning of “as-is” be fully understood. Buying a property as-is means accepting whatever defects may exist, without requiring repairs or a price adjustment by sellers.
