LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Question about "As Is" Houses

Posted By Message

checka
She's here!

Member since 5/05

1769 total posts

Name:
Me

Question about "As Is" Houses

I always thought that houses that are sold "as is" always have structural damage. Is this not always the case? Are some of these houses just in need of major cosmetic work?
I always overlook houses in "good" or "as is" condition because I figured that they were being held together by bubble gum or something Chat Icon

Posted 5/15/05 10:50 PM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

LMFitz
life is good

Member since 5/05

2013 total posts

Name:
L

Re: Question about "As Is" Houses

I don't know about other situations, but I bought my house in " as is" condition because it was a foreclosure. In general, (it's my understanding) when a bank forecloses on a house and becomes the property owner, they don't want to be bothered with any issues regarding the structural integrity of the house - so they typically sell in "as is" condition.

In my case, the house was structurally sound - just abandoned for alomst a year - so the utilities were in question.

Five years later - we're happy as ever! I'd take a peek at what the "as is"'s have to offer!

Good luck!

Posted 5/15/05 10:57 PM
 

MrsProfessor
hi

Member since 5/05

14279 total posts

Name:

Re: Question about "As Is" Houses

Not necessarily. Our house had a problem with the electrical- it was advised that we upgrade it from 100 amp to 200 amp. We tried to negotiate but we were told that the house was sold as it. It isn't a big deal- a day's worth of work and to be honest we were silly to haggle since we were already getting a good deal. There were no structural issues with the house.

Our house needs paint and some things changed that we don't like, but it's more a matter of taste than anything.

Posted 5/15/05 11:03 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
I posted a question in the Pregnancy Board and I think you Ladies can help with this...Thanks. LAMGAJ28 8/23/06 2 Parenting
Houses under contract question kam29 7/18/06 5 Home
General question about houses MommaG 6/12/06 7 Home
Question about Levittown houses betty 3/9/06 46 Home
Naive question about houses.... missus-hbradio 1/27/06 5 Home
Question about Levitt houses danielleandscott 7/21/05 8 Home
 
Quick navigation:   
Currently 778642 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows