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All Forum Posts by: Denise Van den Bossche

Denise Van den Bossche has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Waiving Repairs (Buyer Inspection) Contingency in Arizona

Denise Van den BosschePosted
  • Scottsdale, AZ
  • Posts 1
  • Votes 1

The Arizona Purchase Agreement is an As-Is contract, and due diligence is the responsibility of he Buyer. So when a Buyer states they are willing to purchase "As-Is" in this competitive Seller's market, it is redundant and really doesn't carry any weight. However, a Seller may require the Buyer to waive the lines of the contract regarding the BINSR process.   But importantly, if the Buyer submits a repair request anyway, the Seller should not respond based on the stricken language, or it may negate the Seller's intention.

1 Vote
Scottsdale, Arizona