What does "as is where is" mean?

Question

For a home in Illinois, is a house sold "as is where is" different than just "as is"?
Thanks!

Answer 1

I am a Realtor in Las Vegas so my answer is correct for Nevada. However, I believe that the term is generally consistent so I should not be far off no matter where you are.

When you purchase a property in Nevada, the seller has to provide you a state mandated set of disclosures. These disclosures are detailed questions and designed to give you a true picture of the state of the home you are buying. In Nevada, if you fail to disclose something, the buyer can collect triple damages (3x) for non disclosed items. This makes buying a home in Nevada reasonably safe.

However, when properties are foreclosed, the banks who now own them have no knowledge of the property. They therefore sell the property “as is, where is.” This means that you will receive no disclosures and that you are literally buying the property in its current state. Theoretically, the homes are priced accordingly. However, this is not usually the case; I find foreclosures and REO properties frequently mispriced. So, do not make the mistake of assuming that foreclosed or REO properties are good deals.

What does this mean to you as a buyer? You need to have full inspections and I recommend knocking on neighbors doors to see if they know of any problems. I have also tracked down (through tax records) and called the previous owners and asked them about the condition of the property. How big is the risk? It depends. If you are buying a home in a subdivision and you get good information on similar homes and such, I think the risk is minimal. If you are buying a one-of-a-kind and you skimp on inspections, your risk could be significant. After all, with an “as is, where is” property, whatever problems you discover after you won the home are yours to repair and you will have no recourse on the seller.

Eric Fernwood
[e-mail]
http://www.iselllvhomes.com/

Answer 2

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To me, worship is putting something or someone first in your life. That is the reason people can worship their job, their money, their family, their "belly", etc. And that is reason people can give worship to those other than Jehovah. But when Jehovah is first is your life, it is to him that you pray, that you sing about, that you speak about, that you read about, that you live for, that you long for, that you look forward to listening to and about, that you seek the approval of, that you study about, that you teach about, that you reach out to. He is your other half in a spiritual relationship. And spirituality cannot be complete without that other half. The definition of worship is multi-faceted, as are the expressions of worship. We speak of "worshiping in many ways". And that is correct. I don't mean all forms of worship are acceptable. But that our worship takes on different facets or expressions. We can't sing and study at the same time. But both are worship. We can't study and pray at the same time. But both are worship. There is more, but I will stop here.

Answer 3

What a wonderful question. Religion is, of course, the form that one's worship takes. Thus there are thousands of forms. Religion includes a system of religious beliefs and practices. The object of the religion may be false gods or the true God. Hence, there is false religion and there is true. Religion can get very fancy or remain simple. In the former case, such as it is today. In the latter case, such as it was in the Garden of Eden. What then is worship to me? How do I worship? To worship means to obey. And to obey means to worship. The two are intimately connected; indeed, they are coterminous and cannot be separated. Specifically, to obey the Sovereign Lord God Jehovah of Armies is to worship Him. I do my imperfect best in this regard. I fall on my face and get back up to try and try again. In the Garden of Eden, so long as they obeyed Jehovah, Adam and Eve were worshiping him. No temple, no Mosaic Law, no meetings. Simply leave the tree of the knowledge of good and bad alone. Simple. The minute they disobeyed, they stopped worshiping Jehovah. Same with the nation of Israel. The minute they attempted to practice a syncretistic religion they stopped worshiping Jehovah. The minute they made the golden calf, they stopped. And on and on. To worship is to obey. To obey is to worship. Hannah J Paul

Answer 4

When you buy a house or furniture "as is", it means that you are purchasing something that may not be perfect or might need repair. You are purchasing something in the condition that it is in , and you cannot say that it it needs repair etc.

Answer 5

The wording is a little different but it means the same thing. On day of posession anything that is in the house is also yours. Unless you have something in writing to offset you get nothing extra to consider. If they said they were going to do something, better get it in writing.

Answer 6

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RE:
What does "as is where is" mean?
For a home in Illinois, is a house sold "as is where is" different than just "as is"?
Thanks!

Answer 7

Sold As Is Where Is

Answer 8

As is Where is means that the sale is made without any warranty.

Answer 9

I guess where the house is as it stands????