as is property - Posted by Kir Atterbury

Posted by Rich-CA on November 29, 2008 at 14:10:32:

As a potential buyer, you should get the building inspected and a CO as a condition of closing (meaning if you cannot get the CO you get to bail) and make sure you get an additional discount for your trouble. In cases like this, I pay for the inspections and utilities to make sure it passes before I take on the property.

as is property - Posted by Kir Atterbury

Posted by Kir Atterbury on November 29, 2008 at 09:13:24:

Is it legal for banks to sell a property “as is” and make the buyer obtain the Certificate of Occupancy?