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Chris Griffith: Don’t fear ‘as-is’ when purchasing distressed real estate

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There’s a nifty little fail safe when writing an offer on real estate, the as-is with the right to inspect contract or the as-is with the right to inspect addendum. Depending upon what side of the fence you’re on, it’s generally meant as a form of protection for one party or another or possibly both. There are a variety of so-called “customary” contracts floating around this area so contracts, results, timeframes and even what is considered a defect may vary.

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