When Is AS IS Not Necessarily AS IS... Episode 271

When Is AS IS Not Necessarily AS IS... ...Especially when things go sideways without warning The #1 thing that seems to go wrong are issues that pop up during the inspection period that no one could have predicted upfront the seller may not have been aware the buyer didn't see it during the showing the agents didn't notice it during the showing the issue may have occurred after the showing so does that mean the buyer is "stuck" with that issue or is there some recourse for them if they want it resolved most purchase contracts have an inspection period and a buyer can request items to be repaired/replaced the seller is under no obligation to agree to the requests but many will agree to do some/all of what the buyer asks for as the buyer does have the right to cancel the contract and get their escrow deposit back as long as they cancel within the inspection period AS IS contracts are used in the majority of home sales understanding the nuances of the agreements is critical today's show breaks it all down for you

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