Buying an as-is home in Los Angeles—is it a smart opportunity or a costly mistake?
If you’re considering buying an as-is home in Los Angeles, it’s critical to understand what “as-is” truly means in California real estate. Many buyers assume that as-is automatically means a huge discount—or that something is seriously wrong with the property. In reality, buying an as-is home in Los Angeles is far more nuanced, and understanding the risks, pricing strategy, and long-term upside can make the difference between a smart investment and an expensive lesson.
In this video, I break down the real pros and cons of buying an as-is home in Los Angeles, including why sellers choose to list properties as-is, what buyers are still legally entitled to, and how to properly protect yourself before writing an offer. Even when a home is listed as-is, California sellers are still required to disclose known material facts that could impact the value or desirability of the property.
We also discuss common scenarios where homes are sold as-is in Los Angeles, including probate sales, trust estate sales, deferred maintenance properties, land-value opportunities, and bank-owned or distressed homes. In many strong Los Angeles neighborhoods, as-is homes can present excellent long-term value when evaluated correctly.
📌 In this video, you’ll learn:
• What “as-is” really means when buying a home in Los Angeles
• Why sellers list homes as-is and when it’s a strategic move
• Are as-is homes actually cheaper in the Los Angeles market?
• The biggest risks buyers overlook when buying as-is properties
• Inspections you should never skip (even on an as-is home)
• Financing challenges with FHA, VA, and conventional loans
• Insurance issues that can delay or kill an as-is transaction
• How to budget for repairs and avoid surprise costs
• Negotiation strategies buyers can still use on as-is homes
If you’re a first-time buyer, an investor, or someone relocating to Los Angeles, this video will help you approach buying an as-is home with clarity and confidence. Understanding inspections, disclosures, financing, and insurance upfront allows you to move from guessing to making informed, strategic decisions.
Chapters
00:00 Introduction
00:19 Are As-Is Homes a Risk or an Opportunity?
01:09 What Does “As-Is” Really Mean?
01:56 #1 Reason Sellers Choose to Sell As-Is
02:45 #2 Reason Sellers Choose to Sell As-Is
03:20 #3 Reason Sellers Choose to Sell As-Is
03:52 #4 Reason Sellers Choose to Sell As-Is
04:18 How As-Is Homes Are Priced in Los Angeles
05:59 Why Inspections Are Critical
06:43 Financing & Loan Challenges
07:05 Insurance Considerations
08:56 What Stays With the Property?
09:19 Requesting a Home Warranty
10:46 What to Do When Buying an As-Is Home
11:16 Final Thoughts & Outro
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Scott Himelstein – Los Angeles Real Estate Expert
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