Buy or Sell Homes in South East Valley of Arizona

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The Great “As Is” Debate » December 2012 When you are entering into a contract to buy a home and you are told that the home is being sold ‘AS IS’…what goes through your mind?   Some think of the old movie “Money Pit”.   In some cases you wouldn’t be completely wrong.   Now lately in some cases here in Arizona sellers are choosing to sell their home with this addendum attached.   So what rights are you giving up if you agree to “As Is”; And I quote from the link above; The buyer waives the seller warranties pursuant to Section 5a of the residential contract. Therefore, the seller has no obligation to make any repairs to ensure that heating, cooling, mechanical, plumbing, and electrical systems (including swimming pool and/or spa, motors, filter systems, cleaning systems, and heaters, if any), free-standing range/oven, and built-in appliances are in working condition at the earlier of possession or close of escrow. However, the seller is obligated to main...