08/04/2026
Real Estate Term: As-Is
When a property is sold as-is, it means the seller is offering it in its current condition and is not agreeing to make repairs or improvements before completion.
This matters because buyers sometimes assume that issues found later can still be negotiated, but with an as-is sale, the expectation is usually that the buyer is accepting the property largely as it stands. That makes inspections, document review, and overall due diligence even more important.
An as-is property is not always a bad property, but it does require buyers to be especially clear-eyed about condition, cost, and risk.