What does “as-is” really mean? Digging into the nitty gritty of the contract
When the NC Association of REALTORS made updates to the Standard Offer To Purchase And Contract in 2011, language was added making the home sale as-is. The contract now reads: THE HOME IS BEING SOLD IN ITS PRESENT CONDITION. BUYER AND SELLER ACKNOWLEDGE AND UNDERSTAND THAT THEY MAY, BUT ARE NOT REQUIRED TO, ENGAGE IN […]
The real estate market is red hot! Is this a good time to buy or should we wait for a cool down?
A friend asked me this yesterday, and this is such a great question! The short answer is that it is almost ALWAYS a good time to invest in residential real estate. Here’s why now is a particularly good time to purchase, especially if you are renting. 1. Interest rates are incredibly low. Why does that […]