“Build It and They Will Come” Real Estate Development “Silicon Valley Spec House Seeks $42.8 Million.” –Headline, The Wall Street Journal (3/2/16) For the uninitiated, a “spec” or “speculative” house is a home that a developer first builds, then tries to sell. That’s opposed to a home that’s commissioned by/for an existing client, and built...Read More
Can You Say, “Organized Seller?” In Minnesota, home Sellers generally must complete a state disclosure form detailing the condition of their home, and provide it to prospective Buyers. That is, unless the Seller and Buyer agree in writing that the Seller is waiving that duty. In practice, most Minnesota Sellers do the former. And that’s...Read More
