Inspections Dampen Costa Mesa As-Is Listing Dramas
Of all the attention-grabbing terms to be found in Costa Mesa listings, the audacious “as-is” ranks right up there near the top of the deck. Intentional or not, it carries a pronounced dramatic aura. Contractors see Costa Mesa “as-is” listings as calls to action. House flippers’ pulse rates quicken when they come across it. For most typical prospective buyers, on the other hand, the same term triggers furrowed brows and a hasty move onto the next listing. “As-is” carries shades of meaning with legal implications, but in general, it simply signals to the world that the seller is not interested in improving the offered property. If something needs to be fixed, it’s up to the next owner to handle it. For that reason, Costa Mesa as-is listings are nearly always accompanied by bargain asking prices. The unique impact of the term isn’t due to what’s stated, but to what’s implied. It’s hard to escape the suspicion that something must be haywire with the place! That is where even more drama can develop—because that’s not necessarily the case. It could signal an all-time genuine world-class homebuying bargain!!!!! That would be the case if, for instance, the seller is simply eager to move on, and figures that the combination of “as-is” plus an appealing asking price will trigger one or more serious offers in a hurry. But it’s also possible that the seller, having detected telltale signs that could signal major maintenance issues to come, lacks the wherewithal to tackle a worst-case scenario. He may be required to divulge what he knows—but the possible speculations are up to the buyer. The glass could be half full, or…? The drama of the as-is listing can have a pronouncedly undramatic second act—which will be the case when I am your buyer’s agent. This wet blanket of an approach is known as the home inspection contingency. Even though it removes much of the casino-like excitement from the ensuing action, it’s seriously recommended for even the most optimistic of buyers. The $300-$500 that an experienced Costa Mesa inspector will charge is the best way to detect what, if any, major defects are likely to turn up—allowing for some realistic bottom line calculations. When included as part of any offer (as-is or not), this properly worded contingency provides would-be buyers an economical exit if the resulting calculations reveal a non-bargain. Having an experienced Costa Mesa agent on your team is how to remove the drama when you’re buying or selling a home—but it can also mean safety when uncovering true Costa Mesa home buying bargains. Buying or selling, as-is or not, we are here to help!
We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at info@thel3.com
