ORLANDO, Fla., April 21, 2017 /PRNewswire/ -- Florida's housing market reported more closed sales, higher median prices and increased pending sales in March, according to the latest housing data released by Florida Realtors®. "March's strong sales likely were influenced by buyers ready
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Yes, there may be more sales, but getting through the inspection period to close, continues to be a challenge. An "as Is" contract no longer means buying a property in "as is" condition. After inspection has been done, buyers ask for repairs to be done or request a credit for repairs.
I have developed the Diva strategy to negotiate the inspection issues on behalf of the sellers. If I am the transaction broker, I am considerate to both parties to create a win, win transaction.
What's even better is getting a pre-Sale inspection, so issues can be repaired or factored into the selling price.
I also believe selling agents need to be more thorough with explaining what an "as is' sale is, the contract states, "Seller shall sell and Buyer shall buy the following described Real Property and Personal Property (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase and any riders and addenda." This translates to, buy the property in it's "as is" condition.