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May 1, 2013

When Should Buyers Give Notice to Their Landlord?

Calculating the Risk that a Low Appraisal Will Scuttle a Deal In a market with lots of first-time Buyers (like today’s), it’s a question I’ve been fielding a lot this Spring:  ‘when should I give notice to my landlord?” The (usually) safe answer:  ‘once the Inspection Contingency has been removed.’ That is, after the Buyer’s...
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7+ Acres in Minnetonka — Plus a Big House — For HOW Much?

Hobby Farm in the City (Minus the Farming) You don’t normally expect to find a big home on 7.6(!) acres within 15 minutes of downtown Minneapolis. In a very expensive neighborhood, to boot. For basically the price of just the land (if not much less!). But that’s exactly what’s for sale on McGinty Road in Minnetonka right now....
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Negotiating Strategy 101: Is Time Your Enemy or Friend?

Buyer Strategy in a Seller’s Market “Never negotiate hungry.  Or tired.” –Ross Kaplan, “Negotiating Advice” (12/7/2010) As I’ve discussed on this blog previously, the “How” of negotiating can be much less important than the “When” or “Where.” As in, “when to stop negotiating (and take a break),” and “never negotiate while driving” (you can’t take...
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