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What Does “Sold As Seen” Really Mean at Auction?

When a property is sold “as seen” at auction, the buyer is purchasing it exactly as it stands—no repairs, no touch-ups, and no guarantees.


Why is “Sold As Seen” so common at auctions?


  • Fast-paced sales: Auctions move quickly, and sellers often don’t have the time or resources to fix up the property.

  • Properties with history: Many auction properties are repossessions, probate sales, or have uncertain backgrounds—making it difficult for sellers to provide detailed information.

  • Buyer responsibility: This term encourages buyers to do their homework. The risk is on the buyer, so inspections and research are a must.



Takeaway:

If you’re buying at auction, remember: “sold as seen” means what you see is what you get. Always carry out proper due diligence before placing a bid.

 
 
 

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