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December 24, 2016

“It’s 11:55 p.m. on Day #10 of the Inspection Period. Do the Buyer and Seller Still Have a Deal?”

Dangerous Default Language (at least for Buyers) Up until last August, Minnesota home buyers who discovered inspection issues that required negotiation with their Seller were safe. If they proposed an Amendment reducing the sales price say, $1,500 as a result, and the Seller said “no,” the deal automatically cancelled at the end of the agreed-upon inspection period....
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