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re: Selling A House As Is
Posted on 3/9/26 at 5:33 pm to tha real thang
Posted on 3/9/26 at 5:33 pm to tha real thang
selling as house "AS IS" simply means that you are not providing any warranties regarding the condition of the house AFTER closing - the buyer still has the right in the purchase agreement to conduct inspections and try and negotiate repairs within a certain time period specified in the purchase agreement - of course, you can decline to fix anything the buyer requests - and if you decline, the buyer can walk away from the deal or agree to buy the house without you making any repairs
0
Posted on 3/9/26 at 5:43 pm to Hale Lipari
quote:
patently false - 99% of all residential sales have an "AS IS" clause in them
He doesn’t mean an as is clause in the final contract; he means listing it as “as is”, tacitly acknowledging that it’s in poor condition and won’t be fixing anything, so don’t ask.
Posted on 3/9/26 at 5:50 pm to Joshjrn
there is no such thing as listing it "AS IS" - "AS IS" is a legal term that refers to not providing a warranty for any defects discovered in the property AFTER closing - the standard from Louisiana Real Estate Commission approved purchase agreement has an entire section about inspections and the buyer's ability to negotiate repairs after inspections -
Posted on 3/9/26 at 5:51 pm to Sus-Scrofa
quote:
The more things I discover, the more I wish the prior owners hadn’t tried to fix things up themselves.
Same happened to me when I bought my first house. Previous owner had done a lot of "improvements". A house looks dramatically different with no furniture in the rooms and clothes in the closets. The dude had half assed a lot of things and obviously owned neither a framing square nor a level.
Posted on 3/9/26 at 6:15 pm to CuseTiger
Just an update here. Had sent a list to the sellers asking them to fix 3 main issues- HVAC, electrical, and pool. They responded immediately to my realtor that my list was ridiculous and they weren't going to fix anything. So we backed out of the contract already. Now I'm slowly getting the wind mitigation + 4 pt inspection reports. Dodged a bullet with some of the pictures I'm seeing showing the empty sockets, loose wiring, unsafe wiring, corrosion, double taps, and exposed wiring. Did I mention the pool had algae growing in it and they (the pool maintenance guy and the inspector) couldn't turn it on during the entire inspection? Or that the AC was on for the 2.5 hours I sat in the house and the temp didn't drop at all. It's March and only going to get hotter.
To those of you trying to sell 'As-is', I wish you the best of luck because now I know to low ball an offer for a house that would've needed $25,000+ in repairs.
To those of you trying to sell 'As-is', I wish you the best of luck because now I know to low ball an offer for a house that would've needed $25,000+ in repairs.
Posted on 3/9/26 at 6:18 pm to tha real thang
That’s what I’ll do if I sell. I’m going to do some basic updating in a couple of years that I want. If I decide to stay afterwards, great, bc my house will be nearly paid off. If I decide to leave the area, I’ll sell as is and let them deal with anything else they want to do. Making sure the important things are in good order are part of my plan.
Posted on 3/9/26 at 7:04 pm to tha real thang
quote:
I'm sick of trying to remodel my bitch arse house and just want to sell it and get it over with, is that a mistake?
I would just be happy if we didnt have to clean the house before the cleaning lady comes the next day...
Posted on 3/9/26 at 7:22 pm to tha real thang
quote:
Selling A House As Is
There is really crappy soil in my area and houses that are sold “as is” usually have some foundation problems. They are usually sold at a deep discounts, so if you are inclined to frick with it, you can come out pretty well.
Posted on 3/9/26 at 7:28 pm to Hale Lipari
quote:
there is no such thing as listing it "AS IS" - "AS IS" is a legal term that refers to not providing a warranty for any defects discovered in the property AFTER closing - the standard from Louisiana Real Estate Commission approved purchase agreement has an entire section about inspections and the buyer's ability to negotiate repairs after inspections -
You’re absolutely right. I absolutely couldn’t write “as is” in my listing as a non binding but intent expressive clause to give prospective buyers a foundation for my propensity for negotiation. The Louisiana Real Estate Commission would probably have me arrested or something
Posted on 3/9/26 at 7:38 pm to blueboxer1119
So what's your email? Curious to what numbers are
Posted on 3/9/26 at 7:42 pm to Hale Lipari
quote:
there is no such thing as listing it "AS IS" - "AS IS" is a legal term that refers to not providing a warranty for any defects discovered in the property AFTER closing - the standard from Louisiana Real Estate Commission approved purchase agreement has an entire section about inspections and the buyer's ability to negotiate repairs after inspections -
So, it sounds like every house should be listed “as is” when sold unless you intend to be paying to repair a house which you no longer own….
Posted on 3/9/26 at 7:45 pm to tha real thang
quote:is this a real thing
I'm sick of trying to remodel my bitch arse house and just want to sell it and get it over with, is that a mistake?
Posted on 3/9/26 at 7:48 pm to tha real thang
Do a cost analysis. If it's small things you can do yourself that will make a difference then do them, paint, cosmetic stuff, etc.
If you have to hire someone, nope.
If you have to hire someone, nope.
Posted on 3/9/26 at 7:50 pm to tha real thang
I have bought and sold thousands of houses. Whatever you do, don’t take advise from any real estate agent. They live in their sad little bubble and will all give you the same canned advice. The only thing they know how to do is the same cookie cutter transactions. Get out of the box, get creative and watch their head explode. They’re idiots. It’s pretty much every persons fall back job because you don’t need any skills or knowledge to become one. That’s why the industry is populated with so many housewives.
Posted on 3/9/26 at 7:54 pm to tha real thang
Sold my mother in laws home, didn’t make any repairs except cleaning up yard some and getting the AC functioning (it broke after she died). House had crazy electric issue that involved moving the panel (it was in a bathroom!). Simply disclosed everything we knew, told people to inspect away but no matter what they found we weren’t fixing it. Ended up getting 8%under listing price and didn’t fix shite.
Only home I’ve sold that I owned was much the same. Most of what they asked after inspection (new roof, new AC both old but functional) was disclosed to them before they offered and already considered when I priced it, so I said no I won’t and they bought it anyway.
Only home I’ve sold that I owned was much the same. Most of what they asked after inspection (new roof, new AC both old but functional) was disclosed to them before they offered and already considered when I priced it, so I said no I won’t and they bought it anyway.
This post was edited on 3/9/26 at 7:58 pm
Posted on 3/10/26 at 9:29 am to Joshjrn
Dumb arse - why would you put in a listing that you are unwilling to negotiate on repairs? Even if that was your intent, you would not put that in a listing for obvious reasons that seem to elude you
Posted on 3/10/26 at 9:39 am to Hale Lipari
quote:
Dumb arse - why would you put in a listing that you are unwilling to negotiate on repairs? Even if that was your intent, you would not put that in a listing for obvious reasons that seem to elude you
Posted on 3/10/26 at 9:54 am to Joshjrn
selling as is
hire housekeeping to do deep clean after furniture is moved out
cut the grass
fix any obvious issue that impacts on house value[ a/c not working, busted window, rotted steps]
be very clear to realtor that inspection is pass/fail activity. Not a negotiation.
hire housekeeping to do deep clean after furniture is moved out
cut the grass
fix any obvious issue that impacts on house value[ a/c not working, busted window, rotted steps]
be very clear to realtor that inspection is pass/fail activity. Not a negotiation.
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