Can You Say, “Legal Mess?”

Buyer is aware that property may be currently occupied & financing must be cash only. Seller may not be able to convey possession at the time of closing. Eviction proceedings may have begun.

–Excerpt, MLS

There’s one too many “may” and “maybe’s” in the foregoing MLS excerpt for my clients.

That, plus the fact that the Buyer has to pay cash.

On the plus side, the list price for this South Minneapolis home is tantalizingly low — which is why it caught my eye in the first place.

P.S.:  And no, I wouldn’t be eager to show this one — not that a home occupied by a to-be-evicted, foreclosed upon owner would show well.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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