(Home Owner Warranty) Protect yourself when buying home 'as is' - Upstate House

Whether you are a home buyer or seller during the peak 2007 spring home sales season of April through June, you will probably encounter the term “as-is” sale. The best way for a buyer to protect against an unscrupulous seller who “forgot” to disclose a serious but known home defect is for the buyer to include a professional inspection contingency clause in the purchase offer. Even when buying an “as is” home where the seller fully discloses all known defects, as in my home purchase explained above, a professional inspector will often discover unexpected serious defects. However, savvy buyers insist on a written disclosure of all known defects and a purchase offer contingency clause for the buyer's approval of a professional home inspector's written report. read more

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