July 15, 2016

“Joint Tenants” vs. “Tenants-in-Common”

Everything You Didn’t Want to Know About Real Estate Title [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.] First, a caveat:  Buyers who need advice about how to take...
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Purchasing Power Pop: Why Housing Might Go Up 15%. Fast.

30-Year Mortgages @ 3%?? For the moment, mortgage rates have bottomed, and may be even be climbing a bit. But, broader market forces (as they say) definitely seem to be tugging rates lower this Summer. Brexit Financial Aftermath There is now a stunning $10 billion-plus in negative-yielding government bonds globally (think, Germany, Switzerland, and — surprisingly,...
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Two Kinds of “Box Canyons”

Geologic . . . and Housing “Box Can′-Yon”:  a small ravine or canyon with steep walls on three sides, allowing access and egress only through the mouth of the canyon. –Definition, Wikipedia As a (former) avid hiker, a box canyon to me was always the kind described above. However, as a current selling client —...
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