Offer To Sell Sample With Replacement In Fairfax
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FAQ
Many sellers have valid reasons for selling “as is.” For example, the seller may have recently inherited the house, never lived in it and is unaware of any problems or the home's repair history.
Example Clause: “The Buyer acknowledges that they are purchasing the property in an 'As Is' condition. The Seller makes no representations or warranties concerning the property's condition, fitness for any particular purpose, or compliance with any laws or regulations.”
Condition: Clearly state that the item is being sold in its current condition, "as-is," without any warranties or guarantees of any kind. Use explicit language to emphasize that the buyer is accepting the item with all faults and defects.
“The Seller is selling the Property in “As-Is” condition, with all faults. The Buyer acknowledges and accepts that Buyer is purchasing the Property in its current condition and without any representations, guarantees, or warranties from Seller, either expressed or implied, as to suitability or condition.”
Ownership may be transferred by preparation of a new deed, which has been properly signed. The new deed must be recorded in the Circuit Court Clerk's Office where the real estate is located.
To submit an offer on a FSBO home, you can write up a generic sales contract, go through an attorney, or hire a real estate agent. Generic sales contracts may not contain specific language for your state, and may not have enough protections for you (or the seller).
