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What Is As-Is Sale?

An as-is sale means the seller sells the property in its current condition and makes no repairs. The buyer accepts the home with all known and unknown defects, though the seller must still legally disclose defects they're aware of.

Selling as-is is the default when you sell to a cash home buyer. You don't fix anything, clean anything, or stage anything — the buyer factors the condition into their offer and handles all repairs after closing.

Important: as-is does not eliminate your legal duty to disclose. Michigan, Tennessee, and Florida all require sellers to disclose known material defects even in an as-is sale. As-is protects you from being required to repair problems; it does not protect you from being required to disclose ones you know about.

As-is is especially valuable for inherited homes, fire- or water-damaged properties, houses with foundation issues, hoarder situations, and any property where the cost or hassle of repairs makes a traditional listing impractical.

Have a property you need to sell?

Diamond Home Buyers makes fair cash offers across Michigan, Tennessee & Florida — any condition, any situation. Close in as little as 7 days.

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