2006-10-05 16:22:54 · 9 answers · asked by wonderwoman 4 in Home & Garden ➔ Other - Home & Garden
it appears to be a very nice house and is priced cheap as well...
2006-10-05 16:34:36 · update #1
Not necessarily. The owners may simply not be able to afford to fix a leaking water pipe or do a full paint job or fix that crack in the concrete in the driveway. None of the above would be a deal breaker when it comes to a home purchase.
However, there could be some serious (translated: expensive) issues. A home inspection costs around $300. It's a small price to pay for peace of mind.
2006-10-05 16:33:54 · answer #1 · answered by freedomnow1950 5 · 0⤊ 0⤋
It is a possibility but most homes are sold "as-is" because buyers like to walk in and make an offer then have everything on the inspection fixed. This costs money and is time consuming at best. A brand new home can be inspected and a huge list of "little" things can be found. The sellers may just not want to mess with all the little things be it time or money.. but by all means have the home inspected....never, never buy a home without an inspection....most mortgage companies require it anyhow but a good inspection is worth the money.... be ready for a list of little things. Ask the seller for a disclosure statement about any major problems the are aware of with the house. Get it inspected, go with your gut and good luck!
2006-10-05 23:36:30 · answer #2 · answered by Carl S 1 · 0⤊ 0⤋
Maybe, maybe not. All this means is that the owner is not claiming anything about the house. In most real estate deals, any structural damage or anything else wrong with the house must be disclosed, for example, building code violations. As an example, in my state of Washington, not having safety glass in a walk in shower is a building code violation and I can not sell my house if I do not have safety glass in the shower door. So, I can get around the glass door not being up to code by selling "as-is." This does not mean the house has a structural defect, just that it is not up to the current building codes. So, the answer is, hire an impartial 3rd party inspector to inspect the property to find out if there is something seriously wrong, termites for example, or if it is something like building code things like the glass shower door not being safety glass. The same kind of thing applies to a used car. You wouldn't buy it wothout it being checked out by a reputable mechanic so you know the condition.
2006-10-05 23:45:31 · answer #3 · answered by rowlfe 7 · 0⤊ 0⤋
Wrong with it is often relative and subjective, but certainly the possibility exists that it will need roofing, repair of interior damage or degradation, carpet, tile, plumbing repair, electrical issues needing attention, exterior and interior painting, yard work, etc. etc. etc.,,,That the owner may not have WANTED to do or couldn't afford to do,,,Or perhaps they were just tired of a battle that may have lasted 25 years.
Buying an AS IS,, might work for someone skilled and experienced in the trades, but I promise you, a normal, every day DIY, will likely have to call in contractors and inspectors anyway.
All that said,, one might get lucky,,,as in an estate sale, where the holders of the house just want to "dump" it and aren't strictly interested in "prettying" it up. That would likely be a rare case.
Rev. Steven
2006-10-05 23:37:02 · answer #4 · answered by DIY Doc 7 · 0⤊ 0⤋
not always... quite often it is sold that way if it is a HUD house or a reo. It depends on financing... some FHA and VA inspectors go overboard on house inspections so the sellers don't want to deal with it.
what I'd do is make an offer contingent on a satisfactory inspection by a licensed home inspector.
2006-10-05 23:32:53 · answer #5 · answered by The Man 5 · 0⤊ 0⤋
all houses are sold as is......ask your Realtor to recommend an independent inspector...it may cost you $300 to get a House inspected but if he keeps you from buying a house with dry rotted floor joists or one with a 20 year old furnace that's leaking carbon monoxide it will be well worth it
2006-10-06 01:27:54 · answer #6 · answered by hillbilly named Possum 5 · 0⤊ 0⤋
Not necessarily but would have house inspected just to make sure, it is well worth the money spent to have it done.
2006-10-05 23:27:35 · answer #7 · answered by judy_derr38565 6 · 0⤊ 0⤋
Yeah possibly, structural damage, foundation damage, mold damage etc. Anyone of those things is going to be costly to fix, if it can even be fixed and not leveled to save money
2006-10-05 23:26:34 · answer #8 · answered by back2skewl 5 · 0⤊ 0⤋
lot's of stuff could be wrong - furnace dosen't work, leaking basement, roof needs redone..... get a home inspection done to see where there maybe problems
2006-10-05 23:30:46 · answer #9 · answered by Pauly 1 · 0⤊ 0⤋