“As-is” can mean numerous things but here on the Outer Banks it most commonly means that the seller will not make any repairs. This type of sale has become much more popular on the Outer Banks over the last few years. Almost all distressed sales are sold this way. Banks rarely want to make repairs to a property and sellers of short sales don’t have the cash to make any repairs. During the inspection process if the buyer finds a problem they cannot live with then they can void the contract and … Continue reading...