TN Real Estate Blog

head_left_image

When a house is sold as is, does that mean it’s in horrible condition?

When a house is sold as is, does that mean it’s in horrible condition?

This is a question I’ve answered many times lately when working with buyers in Franklin and Spring Hill, Tenneessee just south of Nashville.  The answer is not necessarily.  There are various reasons a home might be sold in “as is” condition.  It simplifies the sale process when the owner doesn’t have to negotiate or make any repairs.  The buyer can still make the sale agreement contingent on an inspection satisfactory to them but the owner will not make any repairs.

Recently I showed a house where the owner was widowed and she wanted a quick and easy sale.  The home was priced a little under market value and offered "as is".  The property was beautiful & move in ready!  I understand it brought multiple offers in just a few days!  It is a more likely for homes to Franklin TN foreclosure home for saleneed work and have deferred maintenance if they have been foreclosed (bank owned properties) or those that are being sold as a short sale (for less than what the owners owe on the property).  These distressed sales commonly do not have the pride of ownership that you might see in a house that is occupied and cared for.Distressed house sale in Spring Hill TN  I've seen some foreclosures that are trashed and a few even had cabinets, light fixtues or other attached items removed!  I've also seen some foreclosures or short sales that need very little work, if any.

The moral of the story is don’t jump to conclusions that a house is in terrible condition just because it is sold as is with no repairs made.  Keep an open mind and look into the property a little further before you label it as a scary mess.  You might be pleasantly surprised and if not, you will have an interesting story!

Homes for sale Foreclosures in Franklin TN

If you would like more information about Homes in Franklin and Williamson County, please contact Tiffany White at 615-260-5858.

This post and its contents are the property of Tiffany White with Keller Williams Realty, providing real estate services to Franklin, Brentwood, Spring Hill, Nashville, Green Hills, Murfreesboro and surroundings areas of Middle TN.

 

Comment balloon 4 commentsTiffany White • October 07 2011 04:45PM
When a house is sold as is, does that mean it’s in horrible condition?
share
When a house is sold as is, does that mean it’s in horrible condition? This is a question I’ve answered many times lately when working with buyers in Franklin and Spring Hill, Tenneessee just south of Nashville. The answer is not necessarily… more
Ladd Park Executive Home for Sale in Franklin TN
share
Ladd Park Executive Home for Sale in Franklin TN Custom Ladd Park beauty has 5 Bedrooms, 4. 5 baths, 3 car garage plus bonus room! Main level master, den w/media unit & separate office! Gourmet kitchen has granite, stainless appliances,… more
Franklin Green Market Report - Summer 2011
share
Franklin Green Market Report - Summer 2011 Franklin Green subdivision in Franklin TN has seen 24 homes close since April 1st. The average sale price was $223, 372 and the average days on market was 75. There are currently 19 homes available… more
One Level Franklin Green Home For Sale - Franklin TN
share
One Level Franklin Green Home for sale 3104 Langley Drive, Franklin TN 37064 $197, 500 One-level Franklin Green home backs to green space! No steps here ~ Neat & clean split bedroom plan with garage ~ Living Room includes gas… more
Franklin Green Home Sales for Spring 2011 - Franklin TN
share
Franklin Green Home sales for January through April 2011 were up to 16 sales compared with only 6 sales during the same period in 2010. The average sale price is down from $251, 500 in 2010 to $225, 031 in 2011. 16 Franklin Green… more
Belmont and Vandy area Condo Sale for Spring 2011 - Nashville TN
share
Belmont and Vanderbilt area Condo and Townhome Sales in Nashville TN for January through April 2011 were down with 86 condos sold this year compared with 117 during the same period in 2010. The average sale price has also decreased from $294, 841… more
Green Hills Condo Sales for Spring 2011 - Nashville TN
share
Green Hills Condo and Townhome Sales in Nashville TN for January through April 2011 were down with 34 condos sold this year compared with 49 during the same period in 2010. The average sale price has increased from $189, 535 in early 2010 to $230… more
Nashville TN Green Hills Home Sales for Spring 2011
share
Nashville TN home sales in the Green Hills area for January through April 2011 were up with 136 homes sold this year compared with 82 during the same period in 2010. The average sale price is down from $507, 253 in early 2010 to $479, 590 this year… more
Nashville Belmont and Vandy Area Home Sales for Spring 2011
share
Nashville TN home sales in the Vanderbilt and Belmont area for January through April 2011 were up with 36 homes sold this year compared with 28 during the same period in 2010. The average sale price is also up from $353, 094 in early 2010 to $386… more
Spring Hill TN Home Sales for Spring 2011
share
Spring Hill TN home sales for January through April 2011 were up with 88 homes sold this year compared with 65 during the same period in 2010. The average sale price was $228, 815 in early 2010 compared to $222, 153 this year. These statistics are… more