First-Time Buyer? Here’s What It Really Means When a Home Is Sold “As-Is”

First-Time Buyer? Here’s What It Really Means When a Home Is Sold “As-Is”

If you're a first-time homebuyer, you’ve probably come across a listing that says “sold as-is.” And if you're wondering, “Wait... what does that even mean?” — you’re not alone. Let's break it down in everyday terms.

When a seller lists a home “as-is,” they’re basically saying:"I’m not fixing anything. What you see is what you get."

That means if the home needs repairs—big or small—they’re your responsibility once you buy it.

But don’t let that scare you off just yet. Sometimes “as-is” homes are actually a great deal, especially if you're open to putting in a little work. Here’s what you need to know:

Get a home inspection.Even though the seller isn’t offering to make repairs, you still want to know what you're getting into. A good inspection can reveal things like roof issues, plumbing problems, or electrical concerns—so you’re not hit with expensive surprises later.

You might get a lower price.As-is homes are often priced to sell quickly. So if you’re handy or have a little room in your budget for upgrades, this could be a chance to get into a home for less than you'd normally pay.

Some homes need more TLC than others.Not all as-is homes are “fixer-uppers,” but some are. Be honest with yourself about how much work (and money) you’re willing to put in.

You can still negotiate.Even though the home is sold “as-is,” that doesn’t mean you can’t ask for a price reduction or credit if something major comes up during the inspection. The seller might say no—but it never hurts to ask.

Here's something most first-time buyers don’t realize:Just because a home is sold as-is doesn’t mean your lender or appraiser will turn a blind eye. If the home has safety issues or doesn’t meet minimum property standards, the lender may still require certain repairs to be made before they’ll approve the loan. This is especially true with FHA, VA, or USDA loans. In some cases, the appraiser might also flag repairs that must be completed for the home to qualify for financing.

Bottom line: If you’re buying your first home and considering one that’s sold as-is, don’t panic. Just make sure you have a great agent (that’s where I come in), a knowledgeable home inspector, and clear communication with your lender. Together, we’ll make sure you’re making a smart decision that works for your budget and your future.

Thinking about an as-is home? Let’s talk it through. I’m here to help you every step of the way.