If you decide to sell a house “as is”, can the buyer cancel the contract after they have an inspection? Advising buyers the home is being sold ‘as-is’ in advance is something they will need to agree to in writing. However, they have the right to do their own due diligence in having any inspections done that they wish. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that while you are not liable to fix any of the discovered issues, your buyer will have the right to cancel their contract should the inspection prove unacceptable to their expectations. Your Realtor needs to submit an ‘as-is’ addendum into the listing contract and that you will not be held responsible to correct any issues found during inspections. But every buyer has the right to know what they are buying and cannot be forced to do so until they get through any chosen inspections successfully. Check out below to see what sold in Tuscany Reserve in October 2015:
20966 Barola, Novi: 5 bedrooms, 3.3 bathrooms, 5,595 sq. feet, 4 car garage, Sold Price: $1,600,000
Tuscany Reserve Home Sold
October 2015
Your best bet is to be upfront with Buyers about any issues you have with the house. For more information on Tuscany Reserve, or similar Northville or Novi neighborhoods such as Bella Vista, Fox Hollow and Bellagio, contact The DiMoraTeam today at 248-505-7728 or jim@dimora.com.