[kelly3120]

would you get a house inspected even if it is listed "as is"???

just wondering what most woud do.

I would get it checked regardless. I want to know what I'm living in.

[macguy]

Originally Posted by kelly3120

would you get a house inspected even if it is listed "as is"???

just wondering what most woud do.

I would get it checked regardless. I want to know what I'm living in.

Is there really such thing as "As is" My sister sold a house and had to refund $50,000 on the sale and it was as is. If there is a defect you did not disclose or try to hide you may be liable.

Seller Disclosure (http://www.fundhomeinfo.com/template.cfm/3_3_4 - broken link)

[kelly3120]

noooo dude!
I think you missed the question. ...I said nothing about my house.
I said would you still want an inspection if a house was being sold as is?


Actually, our house is in perfect condition, thanks!

[macguy]

Originally Posted by kelly3120

noooo dude!
I think you missed the question. ...I said nothing about my house.
I said would you still want an inspection if a house was being sold as is?


Actually, our house is in perfect condition, thanks!

Of course. How could you buy a house without an inspection?

[riveree]

Originally Posted by kelly3120

would you get a house inspected even if it is listed "as is"???

just wondering what most woud do.

I would get it checked regardless. I want to know what I'm living in.

You generally have to now anyway, most insurance companies are requiring a four-point inspection unless it is a brand new home.

[kelly3120]

people aren't inspecting our old house. This has happend twice where they haven't.

...ours is "as is" and no there is nothing wrong w/ it.
....the first lady who offered on the house asked for an extra 5000 to redue the kichen, 2% towards repairs and for us to pay closing cost.
so we said "as is" as a way to say ...take it or leave it and we aren't playing games.

...they aren't required to have an inspection, the buyers usually require an inspection. ...glad too see other people agree with me. inspections are a must in my book.

[riveree]

Originally Posted by kelly3120

...they aren't required to have an inspection, the buyers usually require an inspection. ...glad too see other people agree with me. inspections are a must in my book.

........or so they think . The game is changing, that's why I said "generally" and "most". It's not an absolute, but when those buyers get to the point of securing their homeowners insurance, they may be suprised to find that most insurers - this is not the bank, but the insurance companies - will require a 4-point inspection.

So, what is happening more often is that a buyer will hire a "regular" home inspector for their peace of mind (Inspection #1), and then there will be a seperate inspection for the insurance agency (Inspection #2). One inspection can, and sometimes does, cover both aspects, but most brokers will tell you it's wiser to keep them seperate (don't offer the insurers more info than required).

So for sellers, it can present a problem when selling. All may go along just fine, but if a 4-point is required and the house doesn't pass, then there's no insurance, which means there's no mortgage, so unless your buyers can buy for cash, there's no sale .

Houses can still slide by without the inspection, but that's becoming increasingly rare.

And of course there is the WDO inspection - Inspection #3 - and this is an inspection the home has to pass as well in order for the sale to go through.

[Prichard]

You better get that house inspected!!!!!

Yes, there is such a thing as "as is", don't let people feed you a bunch of stuff about disclosure laws, etc. True, on residential properties, the seller must disclose certian defects that they know about, but that's as far as it goes, with an "as-is" contract.

Think! Which would you rather have:

1) A house you bought "as-is" from a seller (with no inspection) who forgot to tell you that he had it treated for termites 19 times in the past 6 months, that has exterior walls that you can poke your finger through, missing 50% of it's interior framing, and a one way ticket to a 4-year lawsuit (all of which you will have to disclose to the next buyer)??? or

2) A completely different house that is nearly perfect and no lawsuit?

[kelly3120]

My new house was inspected! We live in it!

...our old house is "as is" and they don't want an inspection.
It's inspectable, they can inspect it as many times as they want. I just found it werid they were passing on the inspection.

[Dee2e]

Originally Posted by Prichard

You better get that house inspected!!!!!

Yes, there is such a thing as "as is", don't let people feed you a bunch of stuff about disclosure laws, etc. True, on residential properties, the seller must disclose certian defects that they know about, but that's as far as it goes, with an "as-is" contract.

Think! Which would you rather have:

1) A house you bought "as-is" from a seller (with no inspection) who forgot to tell you that he had it treated for termites 19 times in the past 6 months, that has exterior walls that you can poke your finger through, missing 50% of it's interior framing, and a one way ticket to a 4-year lawsuit (all of which you will have to disclose to the next buyer)??? or

2) A completely different house that is nearly perfect and no lawsuit?

Good post, right on point.

Even in an "As Is" contract, you have the right to ask that repairs be done or you can get out of the contract if the inspection reveals bad things.

Home inspections are well worth the cost.

Don't forget to get inspections on new construction. On my last new construction home, I was really surprised at all the things that were done incorrectly or not according to the contract or code. The inspections were well worth the costs.