July 24, 2012

“As Is” Misconceptions

“As Is” . . . As of When?? True or false:  Buyers purchasing a home “As Is” typically skip a final walk-through inspection. Answer:  false. It may seem counter-intuitive — doesn’t “As Is” mean the Seller isn’t obliged to fix anything? — but, at least in Minnesota, it still behooves Buyers purchasing a property “As Is” to do a final...
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Quick! Guess the List Price

Question #2:  How Long Has it Been for Sale? Test your knowledge of the Twin Cities housing market, and guess how much this single family home just northeast of Lake Calhoun in Minneapolis’ Uptown neighborhood is listed for: A. $150,000 B. $237,500 C. $399,900 D. $1.1 million Answer:  “D.” (believe it or not) While the...
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What’s Wrong With This Curb Appeal?

Sellers Who (Kind of) Get It Notice something wrong with this home’s curb appeal? Like, the storage pod in the driveway? While pods are a terrific way to declutter a home, once they’re filled up, it’s necessary to actually have them stored off-premises. Or, failing that, at least move them to a less conspicuous location than...
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