“Contingent” vs. “Continent” As I just discovered, both “contingent offer” and “continent offer” pass spellcheck. All the same, I wouldn’t want to receive — or make — the latter kind.Read More
“Lake Wobegon, where all the women are strong, all the men are good-looking, and all the children are above average.” –Garrison Keillor When Buyers make a Contingent Offer, what’s the contingency? Selling their current home — what Realtors call “the backup house.” For the record, I’ve never heard a Buyer’s agent characterize the backup home...Read More
The Buyer’s Inspection on a Cancelled Deal One of the knottiest issues in real estate for awhile now is, “what does the listing agent do with the Buyer’s inspection on a deal that ultimately falls apart?” The question is problematic because — at least in Minnesota — home sellers and their agents have an independent duty to disclose any defects...Read More
Spying on the Buyer, or “Electronic Chaperones?” Every breath you take Every move you make Every vase you break* Every step you take I’ll be watching you –Sting; lyrics, “Every Breath You Take” Frankly, I’m surprised that it took until late 2011 to hear about it: a (creeped-out) colleague reporting that the home she just showed...Read More
Buyers, Sellers — and Condo Associations When Realtors talk about how “cooperative” a client is, they’re usually thinking of Sellers. So, a cooperative Seller is one who takes (most of) their Realtor’s advice about home prep and staging; prices realistically; has their home looking great for showings and is reasonable about accommodating same, etc. A cooperative...Read More
Holiday Home Buyers How are people visiting the Twin Cities for Thanksgiving planning to spend their time here? Share a big meal with family and friends? Check. Watch parades, football, etc. on TV? Check. Shop for a Twin Cities home with a local Realtor? Apparently, that’s what at least a few visitors have on tap. During...Read More