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. We are happy to answer your questions about the AS IS addendum as can you legal negotiating team.
