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Is it a good idea to buy a home 'as-is' in the Roanoke area?
If you've been searching for homes in the Roanoke region for any length of time, you might have encountered listings for properties that are being sold "as is." This means exactly what it sounds like, too. The owner is selling the property in its acurrent condition and doesn't intend to do any repairs.
For some folks, "as is" means "stay away," but I think that for the right buyer, an as-is property can be an excellent opportunity. If you're curious about an as-is property, here are some things to consider:
What is the condition of the property?
"As is" can mean anything from a home that needs some TLC to a home that needs a complete rehab. Because the seller is not making any guarantees about the condition or quality of the house, it can be difficult to know exactly what you are buying.