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Understanding 'As Is' in Real Estate Deals

In this episode, Vito from Abitano explains the concept of buying a property 'as is' in real estate. He discusses the importance of due diligence, the duties of both the buyer and seller regarding disclosure, and the potential risks of purchasing a property without repairs or credits. He also covers the necessity of inspections and the legalities involved. The episode concludes with highlights of recent listings and sales in Santa Clara County, including a look at some high and low-priced properties.

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00:00 Introduction to 'As Is' in Real Estate
00:00 Understanding 'As Is' and Due Diligence
02:13 Buyer's Responsibilities and Inspections
02:43 Factors to Consider Before Buying 'As Is'
04:16 Home Inspections and Legalities
05:44 Partial 'As Is' and Specific Exclusions
06:39 Required Disclosures and Legal Protections
07:26 Real Estate Listings of the Week
08:25 Market Highlights and Conclusion