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What is an “AS IS” contract? Is the buyer obligated to buy?

In Florida, most real estate transactions are written on AS IS contracts. Many times the sellers ask me why the buyer is asking for repairs after the inspection if they signed an “AS IS” contract. When a buyer and a seller sign an AS IS …

Seller’s Concessions, What do They Mean when Selling your Home?

Seller Concession is a term  sellers  are not familiar with.  At the time an offer is received on your home, your agent may tell you that the buyer is asking for “X” percentage in seller’s concessions. Seller’s concessions is a percentage of the purchase price that …

The Ups and Downs of Unpermitted Additions. How do they Affect the Sale of your Home?

Most Home sellers are not aware of the implications that an unpermitted addition may have when selling their home. FIRST.  It is actually true that the buyer will get more amenities at a lower price, however, there is a risk involved for the potential buyer. …