What Does “Selling As-Is” Mean in Philadelphia?

When a house is sold "as-is," the buyer accepts it in its current condition. You do not repair the roof, update the kitchen or clear out the basement before closing. For many Philadelphia homeowners, that is the whole point.

What you can leave behind

Old furniture, appliances, clutter, worn floors, outdated wiring and deferred maintenance are all part of an as-is sale. The buyer prices the condition into the offer and handles the work after closing.

How an as-is cash offer is built

We look at recent comparable sales on your block, estimate what the house would be worth fully renovated, subtract the real cost of the work it needs, and add a modest margin for our time and risk. We walk you through that math so you can see where the number comes from.

What as-is does not mean

It does not mean you have to accept an offer, and it does not remove your right to compare. You can talk it over with family, an attorney or another buyer. There is no pressure and no obligation.

Questions?

Call Jake at (267) 225-2981 or email [email protected] and he will walk through your situation.