Definition
The seller is saying "what you see is what you get"—there are no promises, no repairs, and no guarantees. You're accepting the property in its current condition, problems and all. It's riskier for you as a buyer, which is why these properties usually cost less.
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Find my pathAbout this term
As-is properties shift responsibility for repairs entirely to the buyer, making thorough inspection critical. These properties typically offer lower purchase prices reflecting their condition and buyer risk. As-is sales can indicate problem properties or simply seller preference to avoid repair negotiations. Buyer protection increases with detailed inspection and contingencies.
Pro Tip
Never buy as-is without a thorough professional inspection. What looks like minor cosmetic wear might be hiding expensive problems.
Example
A seller offering an as-is property with visible foundation cracks requires detailed engineering inspection before proceeding.