What goes through your mind when you see the term "as-is" in a property listing in Arlington?
While some people may see this as a warning, others like real estate investors may see it as an opportunity. But what exactly does "as-is" mean?
Technically, when a real estate agent in Arlington lists a house to sell as-is, it means that the homeowner is selling the home in its current condition and will not make any repairs or improvements before the sale (or negotiate with the buyer for any credits to fund these fix-its). You'll rarely see this term on a property sales listing that's perfect and move-in ready.
People in Arlington normally sell as-is homes that are in disrepair for several reasons: the homeowners or other sellers can't afford to fix these flaws before selling (which would help them sell the home for a higher price), a home may have been through foreclosure and is now owned by a bank, or the seller may have died and left the house to inheritors or an estate agent who have little idea what could be wrong with it but needs to sell. Whatever the reason, these sellers aren't willing to pretty up the house before selling it. They just want to sell the real estate and move on.
This means that the buyer inherits any issues a home may have. However, selling a home "as-is" doesn't change the legal rights of the buyer. The listing agent still needs to disclose known problems and the buyer can still negotiate an offer with the final sale contingent after a real estate inspection.
Properties in Arlington County
1 beds, 1 full baths
Home size: 719 sq.ft.
Price: $275,000
Property Type: Condo for Sale
MLS Number: VAAR2043370
Subdivision: Cardinal House
Added: 05/08/24, Last Updated: 05/09/2024
1 beds, 1 full baths
Home size: 657 sq.ft.
Price: $319,995
Property Type: Condo for Sale
MLS Number: VAAR2043038
Subdivision: Hyde Park
Added: 05/09/24, Last Updated: 05/09/2024
1 beds, 1 full baths
Home size: 627 sq.ft.
Price: $325,000
Property Type: Condo for Sale
MLS Number: VAAR2043446
Subdivision: Colonial Village
Added: 05/09/24, Last Updated: 05/09/2024
2 beds, 2 full baths
Home size: 1,376 sq.ft.
Price: $710,000
Property Type: Condo for Sale
MLS Number: VAAR2043316
Subdivision:
Added: 05/09/24, Last Updated: 05/09/2024
2 beds, 2 full baths
Home size: 1,195 sq.ft.
Price: $560,900
Property Type: Condo for Sale
MLS Number: VAAR2042874
Subdivision: Ballston
Added: 05/09/24, Last Updated: 05/09/2024
3 beds, 2 full,1 part baths
Home size: 2,009 sq.ft.
Price: $1,100,000
Property Type: Detached Home for Sale
MLS Number: VAAR2042102
Subdivision: Woodmont
Added: 05/09/24, Last Updated: 05/09/2024
3 beds, 3 full baths
Home size: 1,172 sq.ft.
Price: $649,000
Property Type: End Unit Townhouse for Sale
MLS Number: VAAR2043168
Subdivision: Fort Barnard Heights
Added: 05/09/24, Last Updated: 05/09/2024
4 beds, 3 full,1 part baths
Home size: 1,769 sq.ft.
Price: $1,300,000
Property Type: Detached Home for Sale
MLS Number: VAAR2043268
Subdivision: Arlington Forest
Added: 05/09/24, Last Updated: 05/09/2024
1 beds, 1 full baths
Home size: 873 sq.ft.
Price: $575,000
Property Type: Condo for Sale
MLS Number: VAAR2042848
Subdivision: Clarendon 1021
Added: 05/09/24, Last Updated: 05/09/2024
0 beds, 1 full baths
Home size: 482 sq.ft.
Price: $289,900
Property Type: Condo for Sale
MLS Number: VAAR2041264
Subdivision: Colonial Village I
Added: 05/09/24, Last Updated: 05/09/2024
3 beds, 1 full,1 part baths
Home size: 1,918 sq.ft.
Price: $1,250,000
Property Type: Detached Home for Sale
MLS Number: VAAR2043338
Subdivision: Country Club Manor
Added: 05/09/24, Last Updated: 05/09/2024
4 beds, 3 full,1 part baths
Home size: 2,133 sq.ft.
Price: $1,250,000
Property Type: Detached Home for Sale
MLS Number: VAAR2043264
Subdivision: Barcroft
Added: 05/09/24, Last Updated: 05/09/2024
2 beds, 1 full baths
Home size: 693 sq.ft.
Price: $274,900
Property Type: Condo for Sale
MLS Number: VAAR2043312
Subdivision: Vermont Gardens
Added: 05/09/24, Last Updated: 05/09/2024
4 beds, 3 full,1 part baths
Home size: 1,956 sq.ft.
Price: $1,060,000
Property Type: Interior Unit Townhouse for Sale
MLS Number: VAAR2042286
Subdivision: Potomac Ridge Apartments
Added: 05/09/24, Last Updated: 05/09/2024
2 beds, 2 full baths
Home size: 1,194 sq.ft.
Price: $649,950
Property Type: Condo for Sale
MLS Number: VAAR2042878
Subdivision: Ballston Park
Added: 04/25/24, Last Updated: 05/08/2024