Q: Buying a bank owned home and they said the roof is new however our inspector says it is not. Do they have to fix
We want the home but they said it was a new roof. We signed the contract as is but the roof is not new. who is liable and do the have to fix it?
A: Buying AS-IS means just that, unless there was deliberate fraud or concealment. The roof is open and obvious for your inspection, so it seems like you are getting what you asked for, an AS-IS sale without any obligation for the Seller to fix anything. Usually, the serious price difference more than makes up potential problems with an AS-IS home purchase.
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