As-Is Sale in the LBI Real Estate Market

As-Is Sale in the LBI Real Estate Market

Long Beach Island Real Estate As-Is Transactions

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Long Beach Island Real Estate

An as-is sale in the LBI real estate market is when the buyer and seller agree to convey the home with no repairs or credits being offered. While best to consult an attorney, as every deal is different, in most cases, this will involve no inspection taking place on the home.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

As-Is Sale in the LBI Real Estate Market

I am a real estate agent, and as such, I cannot offer legal advice. Instead, this article is intended to give a brief overview of an as-is sale in the LBI real estate market. I must encourage any reader to consult their legal representative to understand their rights in a contract. That said, most deals are conveyed as is in the sense that no repairs will survive closing. Instead, it is up to the buyer to conduct inspections on a home or property before closing to ensure they are comfortable with how the house is being conveyed. When a transaction stipulates as-is, the buyer is usually waiving a right to an inspection or agreeing upfront not to make any repair requests.

Long Beach Island Real Estate As-Is Transactions

As-is sales in the Long Beach Island NJ real estate market are more commonplace than one may think. Most knock-down homes are sold as-is since the buyer is going to demolish the structure anyway. As-is sales can also strengthen an offer a great deal, potentially evening being enough to win a bidding war. Regardless, a buyer and seller must understand the risks and benefits of an as-is sale so that they may make an informed and intelligent decision. If you have any questions about buyingselling or investing in the LBI real estate market, please do not hesitate to contact me.

By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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