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Old 05-08-2018, 03:45 PM
 
Location: planet earth
8,620 posts, read 5,648,693 times
Reputation: 19645

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It's weird that people think "as is" means something.

All homes are sold "as is."

If there are defects you are aware of, you are duty-bound to disclose them.

If they are big ticket items (like a roof), then you price your house correspondingly and specifically note it needs a new roof (to avoid future liability issues).

When people mark their homes "as is," it just shows they have no idea what they're doing.
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Old 05-08-2018, 04:46 PM
 
127 posts, read 107,254 times
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As a recent buyer, we learned that “as is” means no additional repairs or credits will be issued after the inspection. In most cases, those sellers had also conducted their own pre-inspection so buyers would know what they were getting into.

But to OP - if you’re willing to pay for the roof one way or another, fixing it before you sell will attract way more interested buyers.
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Old 05-09-2018, 02:48 AM
 
Location: Cary, NC
43,278 posts, read 77,083,054 times
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"As Is" has no standard meaning across all markets, prompting much of the confusing or conflicting input offered to the OP.

In this instance, the OP is making a good decision to proceed to sell with a new roof, and will be eliminating some distraction from the sale.
The ceiling should have proper repair, also.
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Old 05-09-2018, 08:41 AM
 
1,334 posts, read 1,673,660 times
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Quote:
Originally Posted by nobodysbusiness View Post
When people mark their homes "as is," it just shows they have no idea what they're doing.
I helped sell an elderly relative's house a couple of years ago. We listed it "as is" which meant "Once you've made your offer, don't come back after the inspection asking for concessions. WYSIWYG." We knew exactly what we were doing. The buyer still had the option of cancelling the deal if something showed up in the inspection they didn't like, but the house was priced so attractively that we anticipated that wouldn't be a problem.

The house sold for 10% over asking, BTW.
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