"As-is" in a Maryland listing usually still means a home inspection, a repair request, and a financed buyer whose lender wants the roof fixed before closing. As-is to us means the house as it stands the day we walk it. The repairs go into our budget and our offer shows you what we priced them at.
What as-is means in Maryland, legally
Maryland lets a seller give buyers a disclaimer statement instead of a full property disclosure, which is how most as-is sales are papered. The disclaimer does not erase your duty to tell a buyer about latent defects you actually know about, and it does not stop a retail buyer from inspecting and walking. With us there is no inspection contingency to walk on. You tell us what you know, it goes in the contract, and the price does not move afterward.
The repairs we buy through most often
- Roofs past their life. Common on 1960s and 70s stock in Columbia, Glen Burnie and Silver Spring.
- Foundations and water in basements. Stone foundations in Ellicott City, block walls in Dundalk rowhomes.
- Electrical panels and knob-and-tube. Older Baltimore City and Annapolis houses.
- Failed HVAC and water heaters. The lender-flagged items that kill financed deals.
- Original kitchens and baths. Not a defect, just a hard retail sale.
How the repair cost shows up in the offer
Our written offer lists what we think the house is worth after repairs, what the repairs will cost us, our closing and holding costs, and our margin. If you think we have overestimated a repair, tell us; a recent invoice for a new roof or furnace changes the number. What we do not do is offer high and then cut the price after an inspection. The number is the number.
Questions we get
- Do I need to make any repairs before selling as-is to you?
- None. We buy the house exactly as it stands and price the repairs into our own budget. You do not fix, clean or stage anything.
- Will you lower the offer after an inspection?
- No. We look at the house before we write the number, and there is no inspection contingency in our contract. If we missed something you knew about and did not disclose, that is a different conversation, which is why we ask you to tell us what you know.
- What do I still have to disclose when selling as-is in Maryland?
- Latent defects you actually know about, even on a disclaimer statement. Tell us, it goes in the contract, and you are protected after closing.
Get a cash offer on the house as it stands
No repairs, no inspection contingency. Written offer usually within a day.
Get my cash offer