what does as is where is mean in real estate
What Does âAs-Isâ Mean in Real Estate Transactions? Filed under: Real Estate Law . Whether youâre searching for a home for your family or shopping for an investment property, youâre likely to come across some advertisements describing real estate for sale in âas isâ condition. Buyers often interpret this phrase in a casual way, assuming âas isâ means the property needs cosmetic or structural improvements. Often this is a correct assumption, since âas isâ real estate is usually distressed properties, foreclosed homes, or structures upon which construction was never completed.