Selling a house as-is means that the seller is offering the property for sale in its current condition without making any repairs or renovations beforehand. The buyer should know that the property is being sold as-is and that the seller will not fix any issues with the property. The buyer will be responsible for any repairs or renovations after the purchase.
When you sell your house as-is, you are not required to disclose any defects or issues with the property. However, if the seller is aware of any defects or issues, they must disclose them to the buyer.
The as-is clause in the sales contract usually states that the property is being sold without warranties or representations by the seller. The buyer must conduct their inspections and due diligence to determine the property’s condition.
There are several reasons why you may want to sell your house as-is:
Selling a house as-is means selling the property in its current condition without making any repairs or renovations beforehand.
Overall, selling a house as-is can be a viable option for sellers looking to save money and close the sale quickly. However, it’s important to be aware of the potential downsides, such as a lower sales price and fewer buyers, and to be prepared to disclose any known issues with the property.
You don’t have to spend thousands of dollars to sell your house on the market. Instead, check out the benefits of selling your house as-is to Rex Buys KC. We buy houses as-is in Kansas City, Missouri. We can assess your property’s current condition and make a fair cash offer. Call 816-895-2999 to get a fast cash offer.