Experts warning owners of damaged properties over ‘as is, where is’ deals

• Author: Jemima Huston
• Published date: 01 April 2023
• Publication title: Hawkes Bay Today

There are huge question marks looming around the future of flood-hit properties as insurance, EQC claims and government decisions on land use are still up in the air

The waiting game is tough for people who can’t live in their homes, and some may be desperate to get out.

That’s where As Is Where Is comes in — a property investment company advertising on local radio that it will buy flood-damaged property.

The investor says it will take your home off your hands for cash, no matter the location or condition.

It claims to be a zero catch offer with no commissions or extra fees, an appraisal and offer within 48 hours of contact, and a contract finalised within the week.

But is it really a good deal for those desperate to move on from the devastating effects of Cyclone Gabrielle?

Some property experts believe it is too soon for anyone to be thinking about buying or selling homes, with the cyclone hitting the region less than two months ago.

OneRoof editor Owen Vaughan is concerned...