Selling a property "as is" has become more common particularly with foreclosures and short sale transactions. This may make potential buyers hesitant but it simply can mean that the sellers just do not have the time or money to pay for some needed repairs.
Potential buyers of as is properties still have the option to have the home inspected. If lots of repairs are needed or there are major issues, buyers might gain the upper hand in negations, causing the seller to settle on a lower price or it can allow buyers to remove themselves from the transaction if there is an excessive amount of flaws found with the property.
Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. We are adept at saving our clients time and expense while rigorously protecting their interests.Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.
At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.
Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602
Offering free legal representation to homeowners seeking a short sale
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