Hello Miguel,

Just because a home is sold "AS-IS" does not mean that there is anything wrong with the home, but more often than not , the seller is not looking to make any repairs, if in fact they are even needed. When purchase a bank owned property often times the bank is not completely aware of the homes history, other than an inspection that may have been done in preparation to placing the home on the market.

I would suggest for you to get in touch with the lender you are considering using for your financing and they can guide you best on the requirements that VA may have on a home's condition.

Good luck on your home search.

Thank you,

Lila Lopez
Tenzer Realty
305-772-2521

It's very likely. Almost all properties in South Florida are sold as-is (only new construction typically is sold with the seller being responsible for the repairs). What the VA is looking for is: roof intact, a/c working, no serious repair or safety issues with the house. The appraiser is the one that notes these items as lender-required repairs that the seller is obligated to do, if the house is going to close. The appraiser and the lender will not move forward with the mortgage until the conditions are satisfied by the owner. You - as the buyer - would not (and cannot) make the repairs, or agree to accept the house with the repairs needed. If the property is an REO, then the lenders are usually willing to make the repairs to sell the house. If the seller refuses to make the repairs, then the lender will deny the loan.

Zero! VA only does owner occupied property that are in shape. No fixer uppers.