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What does an as-is clause mean for homebuyers?
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Answer
An as-is clause means the seller will not make repairs or renegotiate price based on inspection findings. Buyers must accept the property’s current condition. This clause shifts risk to you and limits leverage to request fixes after inspection. It’s common in fast sales or distressed properties. Before agreeing, conduct thorough inspections and factor potential repairs into your budget. Knowing this clause’s impact helps you make informed decisions and avoid surprises.