Yes. “As-is” generally means the seller is offering the property in its present condition and does not intend to make repairs or give credits for defects the buyer discovers. It is a common way to sell a home that needs work, an inherited property, or a home whose owner simply does not want to manage projects before moving.
Two qualifications matter. First, as-is describes repairs, not disclosure: California law provides that the required real estate transfer disclosure statement cannot be waived in an as-is sale, so the seller must still disclose known material facts. Second, buyers can still inspect, and may negotiate or walk away if their contract allows it — as-is sets an expectation; it does not remove the buyer’s contingencies unless the contract says so.
An as-is home can be listed on the open market or sold directly. Price usually reflects condition either way, and the terms of any particular sale depend on the contract and the property.
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