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Buying A Home As Is. If you’re familiar with home improvement projects and are comfortable making major repairs, also good. Basically, the fha says, go ahead lender, loan these buyers some money.
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It can either be a smart move or a bad one. 8 common mistakes made by new home buyers Access the property from every hook and corner to make sure that you are either going to live there or resell it.
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Technically, when a real estate agent lists an as is home sale, it means the homeowner is selling the home in its current condition, and will make no repairs or improvements before the sale (or. If at any point in time you do not feel confident about buying the home, it is best to walk away. First.you don’t know what “as is” is. You can still put a home inspection contingency in your offer, but know that the sellers are not obligated to fix anything.
