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Sounds interesting...I am currently in contract to buy a foreclosed Fannie house...as is. It also had an issue.... no water to the house. I couldn't get a loan closed on it without water to the home...couldn't even get an appraisal. Turns out Fannie Mae has the same rule...so...they spent the 3k to get the water ran to the house.
They will fix things that prevent normal closing of loans regardless of the "as is clause". We were even able to negotiate them paying up to 4% of closing costs.
You can't buy a house that is split with property lines..get the agent involved and he will get it straightened out.
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1986 3.2 Carrera
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