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As Is means the owner is not interested in making any repairs and has priced the property ingly. The buyer can and should still have it inspected but should not expect any further negotiations. The only time the seller should upgrade is when lenders wont loan due to a bad roof for example.
Sellers list their homes for sale as-is when they dont want to do any repairs before closing. It means there are no guarantees from the seller that everythings in working condition, and theyre not required to provide a Sellers Disclosure.
Buying a home (or other property offered for sale) as is means the seller makes no warranties or representations about the propertys condition. In addition, it means the seller will not repair any property defects.
The Seller is selling the Property in As-Is condition, with all faults. The Buyer acknowledges and accepts that Buyer is purchasing the Property in its current condition and without any representations, guarantees, or warranties from Seller, either expressed or implied, as to suitability or condition.
The Maryland Seller Contribution Addendum serves to formally document any financial assistance the seller offers to the buyer. This ensures both parties have a clear understanding of any financial agreements related to the property sale.
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An as is purchase agreement addendum is attached to a real estate contract to add that the seller makes no warranties regarding the propertys condition. The seller is required by law to disclose any known property defects to the buyer, and the buyer has the right to inspect the property before closing.
Sometimes a buyer may encounter an addendum that states, as is. This is usually found on a property that is bank-owned. This addendum says that the home is being purchased in its current condition and there will be no repairs made by the seller.

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