“If a house is advertised as is, does that mean that the house has problems? And can you still inspect it and ask for something to be fixed?”
***ANSWER:
Great questions. Homes are typically advertised As Is for three different but related reasons:
First, indeed the home may have problems, ranging from ugly cosmetics to a damaged foundation. The seller typically makes the problems known (or theyre obvious) and doesnt want to discount the price, then after inspections discount again or make repairs for the same issue.
Second, the home may have no serious known problems. But the seller thinks that merely saying As Is magically means the buyer will be OK with any defects they later discover. This unwise approach usually results in a lower price and/or the buyer asking for repairs anyway.
Third, the seller may be an estate, or a bank selling a foreclosure. Such sellers almost never make repairs, no matter the issue, so theyre letting you know up front.
Regarding whether you can still ask for repairs on a home sold As Is, you should be able to do so. Ive never heard of a contract that prohibits you from at least asking.
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