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March 14, 2014

Planning on Doing a Linden Hills Tear-Down? No So Fast . . .

Minneapolis Moratorium on Redevelopment “Ex post facto law” (Latin for “from after the action” or “after the facts”):  also called a retroactive law, is a law that retroactively changes the legal consequences (or status) of actions that were committed, or relationships that existed, before the enactment of the law. –Wikipedia [Editor’s Note:  see also the...
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“A Realtor You Can Trust”

It’s a given that everyone wants a Realtor “they can trust,” who has integrity, etc. But, you wouldn’t necessarily want one that trumpets that quality on their business cards or in their marketing. Shining a spotlight on the agent’s morals simply raises the issue — and makes at least a few people wonder why they...
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Why Buyers and Sellers Don’t (& Shouldn’t) Contractually Address What Happens if the Home Doesn’t Appraise

Crossing (Appraisal) Bridges When You Come to Them With housing prices now rising in most markets nationally, the risk of homes not appraising is generally receding. But, the risk still isn’t zero. Even so, it’s usually unwise — even if it’s possible — for the Buyer and Seller to address in the Purchase Agreement or...
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Greedy? Stubborn? Try, “Drowning in Debt”

When you see an overpriced home languishing on the market at the same price, seemingly forever, it’s tempting to think the home owner is greedy, stubborn — or both. The more sympathetic (and likely) explanation? The homeowner/would-be Seller is drowning in debt. Not Underwater . . . But Lapping at their Feet Specifically, the amount...
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