March 5, 2016

Investing Hall of Fame vs. Investing Hall of Shame

New Investing Stat: “Who’s Made the Most Money for the Most People?” [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Statistics geeks realized a long time ago that an individual athlete’s numbers don’t necessarily tell the whole story....
Read More

“You mean, there’s no deal AND they get their earnest money back??”

Financing Contingency Pitfalls One of the surprises lurking in the standard Minnesota Financing Addendum is the weaker of the two clauses addressing the Buyer’s financing. In layman’s terms, it says that if the closing date arrives and the Buyer’s financing falls through:  a) there’s no deal; and b) the Buyer gets their earnest money back. For...
Read More