tag:blogger.com,1999:blog-17649054.post4002469165804726308..comments2023-10-04T12:55:21.955-04:00Comments on Mississauga Real Estate, Homes, TREB & MLS Blog by Mark Argentino: What does the as is - where is term mean when you purchase a Power of Sale propertyMark Argentinohttp://www.blogger.com/profile/10720520986774448200noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-17649054.post-22915103031538165612013-09-03T08:09:16.100-04:002013-09-03T08:09:16.100-04:00Typically the bank does not perform any remedial w...Typically the bank does not perform any remedial work to improve the property, they sell it as is, where is, to reduce their liability. If the bank hid deficiences that would affect the value of the property then you may have recourse with the bank after the fact. It's highly unlikely they would hid a large problem, maybe minor fixups. I hope this helps, your lawyer could outline all the possibilites on this question. Thank you, MarkMark Argentinohttps://www.blogger.com/profile/10720520986774448200noreply@blogger.comtag:blogger.com,1999:blog-17649054.post-43800833788150150632013-07-16T11:11:10.906-04:002013-07-16T11:11:10.906-04:00I am wondering as is where is, but what if it was ...I am wondering as is where is, but what if it was the bank that readied the home for re-sale and hid the issues with the home. <br />ie coat of fresh paint, new roof? you as the purchaser would have no way of seeing these issues even with a inspection. Until of course the walls were opened up and the damage was visible? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17649054.post-72704888371523420172012-04-27T07:08:06.632-04:002012-04-27T07:08:06.632-04:00I will try to keep everything in mind. All your ar...I will try to keep everything in mind. All your articles are so interesting. I am thinking about to create a blog urgently.<br /><a href="http://www.ratemonkey.ca/" rel="nofollow">Lowest mortgage rates</a>Kadam Foolhttp://www.ratemonkey.ca/noreply@blogger.com