There are many instances where buyers decide to purchase a home “as is.” This is fine when you can get a good price for it. There are several reasons a seller would want to sell their home “as is.” Usually they are wanting to sell their home without the help of an agent and don’t want to put the money into fixing up the home the way it needs to be. This keeps them free from liability to make necessary repairs before selling their home. It may leave you wondering if you need to have a home inspection though. JMark Inspections is here to talk about why it is important that you have a home inspection even if you are purchasing a home as is.
What Does it Mean when a Property is Sold as Is?
Even though you have agreed with the seller to purchase the property in an “as is” condition, you want to know what that means for the home. You may be able to spot some areas that need some love as you walk through yourself, but you don’t have the training and expertise of a home inspector to find problems that could be hiding out of sight. You need an inspector to take a close look at the foundation, roof, heating & cooling systems, electrical system, insulation, doors, windows and more. This way you know whether or not you are willing to take on the project and even want to buy the home in the first place. You may be able to use information from the home inspection to help negotiate a better price for the property.
Help with the Property Disclosure Statement
Many states require that the seller provide the buyer with a property disclosure statement that lays out any issues with the home and property. Unfortunately, many sellers don’t do a good job of this and will even lie in the seller’s disclosure statement. When you have a home inspection, you have documents that back up any problems that could be there from a third, unbiased party.
Home Inspectors Help When Information is Withheld
If you decided to purchase an “as is” property and the seller didn’t disclose information that should have been presented, your home inspector can help hold that seller accountable for the misinformation they gave you. Even though the seller sold the home “as is” they still can be held liable if there was information that was concealed or they weren’t forthright about certain issues.
Home Inspections in Pasadena, Pearland, League City, Sugar Land, The Woodlands, Conroe, Friendswood & Greater Houston, Texas
If you are getting ready to buy a home, the home inspection is an important part of the process. You never know what problems could be lurking out of sight, and the inspectors at JMark Inspections can help you uncover them so you know exactly what you are getting into with the purchase. Let us help you buy the home that doesn’t only make sense, but isn’t going to be a money pit in the end. Call us today!