Many people looking to sell their homes, often on their own, will sell the home “as is.” Whether they do not have the financial backing for fixing it up or simply want the liability of potential defects, this stance is usually a firm one. Though there is often nothing wrong with “as is,” especially if you can buy it at a worthwhile cost. If you are interested in a home that is sold “as is,” it is in your better interest to invest in a competent home inspector to perform a thorough home inspection service and we at Lifeline Home Inspections would like to share why.
What Does it Mean when a Property is Sold As Is?
For starters, you need to know exactly what “as is” is. Though you can walk through the home and get an idea of its general condition, and even spot some defects or items in obvious need of repair, you won’t catch it all. Without a home inspector, you will not get the same detailed information. The elements you are not likely to notice can be seen by a certified expert. The certified inspectors evaluate the home’s roof, exterior, interior, foundation, ventilation, basement, attic, insulation, fireplace, doors, windows, cooling system, heating system, electrical system, and plumbing system for any defects and anomalies. You will have a better idea of what “as is” means regarding that home when you are armed with a home inspector’s detailed report. Whether you want to buy it, this means you’ll be in a better position to know. Also, you may need to negotiate a lower price with the information gathered from the home inspection.
What Do You Have to Disclose when Selling a House?
A home inspection arms you with third-party, unbiased information, although the seller may be required to disclosure the condition of the property as well. In regards to the condition of the property, many states require the seller to provide you with written a disclosure. Although Georgia’s statutes do not require sellers to fill out a disclosure form, Georgia courts have stated that home sellers must inform buyers about any latent or known material (important) defects in the condition of the home. Unfortunately, sellers often provide little information, and a few even lie. However, any missing information can be provided by a home inspection service. It may be a sign that you don’t want to buy a home from that seller if an inspector finds evidence that a seller concealed information or lied to you. All is not lost if you buy a home “as is” without hiring a home inspector and then later discover a defect. In some instances, home inspectors discover evidence that the seller made misrepresentations or concealed relevant information from you. The seller may be held liable for misrepresentation or concealment for an “as is” home on the market.
Buyer Home Inspections, Seller Pre-Inspections & More in Griffin, Peachtree City, Fayetteville, Newnan, Zebulon, Thomaston, Douglasville & Metro Atlanta, GA
Ultimately, it is best to hire a home inspector first. Keep in mind that the cost of a home inspection is a pittance compared to the price of the home. Being almost insignificant by comparison, the additional cost of hiring a certified inspector is minimal. Especially when buying an “as is” home, you want to be an informed consumer. No matter the circumstances involved, when you buy a home or even selling one, call Lifeline Home Inspections and let our professionals provide comprehensive home inspection to better inform you on the details of the property.