Remove Construction Remove Inspection contingency Remove Sales Remove Seller disclosure
article thumbnail

Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Many new construction homes come with a home warranty from the builder. Research the house.

article thumbnail

What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale. These components are often due for an upgrade or repair, but the seller would rather pass the responsibility on to the buyer rather than deal with it themselves. Add an inspection contingency. It’s not zoned for its use.

As-is 120