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May 23, 2016

“One to Buy, Two to Sell”** . . . How Many to Waive Arbitration?!?

“It Takes Two to Tango Agree to Arbitration” Judging by the last few deals I’ve handled, there seems to be some Realtor confusion about how many parties are required to agree to Arbitration (at least in Minnesota, a popular alternative to litigation). The correct answer:  two. In other words, both Buyer and Seller have to...
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Estimated Home Values According to CoreLogic, or, “Throwing Darts By Any Other Name”

  Estimates So Broad You Could Drive a Truck Through Them [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.] RealAVM:  $859,828 RealAVM Range:  $662,068 to $1,057,588 Confidence Score:  66 Forecast Standard Deviation:  23 –Excerpt, MLS If you only...
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Home Warranty Coverage Confusion

Better Read the Fine Print — and Take Good Notes Along with the proliferation of home warranties in home sales — the option to include such a warranty is now baked into Minnesota’s standard Purchase Agreement — has come (at least to this practitioner) a spike in complexity as well. Here’s just a partial list...
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