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June 8, 2016

Homes That Have Been For Sale FOREVER (and a Day): Potential Buyer Opportunity — or Not?

Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there:  homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...
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Creative Lockbox Placement: Exhibit A

Buyer’s Agent:  ‘Where on Earth is the Lockbox?!? Oh, THERE It Is!” The vast majority of the time, the easiest and best place to locate a lockbox — holding the key(s) the Buyer’s agent needs to access the home — is the front door. However, sometimes that’s not possible because there’s nothing to securely attach...
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The Buyer’s Written Statement is Late: “No Biggie” or “Uh-Oh/Holy Sh*T!!”

[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.  If you need legal advice, please consult an attorney.] As I tell clients, the second most important date in a residential Purchase Agreement is the Written Statement deadline (the most...
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