Selling As-Is

"As-is" is one of the most misunderstood phrases in a real estate transaction. It does not mean the buyer waives inspection, and it emphatically does not relieve a seller of the duty to disclose known material defects — New Jersey sellers remain on the hook for what they know regardless of how the sale is labelled. What it does mean is that you are not agreeing to fix what inspection turns up.

These guides suit anyone weighing whether to put money into a house before selling it. The recurring answer is that cosmetic work rarely returns its cost on a distressed sale, while a genuine safety or structural problem changes which buyers can transact at all.