Many home buyers are attracted to bank owned homes and short sales for their low prices. As part of the purchase offer, most of the banks/sellers are asking the buyer to sign an AS IS addendum to the contract. So what the heck is this AS IS thing?
We've created a short video introduction to the As Is addendum created by the Arizona Association of Realtor's and used in AAR Purchase Contracts. The video highlights parts of the addendum. We recommend you read and understand the entire document before signing. If you have questions or concerns, we encourage you to seek qualified counsel.
We hope this video has been of help. Please look for other educational videos on this site and check back often as we update the site several times per week.
Gene Urban
The Urban Team at Realty Executives
602-234-5777
