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December 19, 2017

End-of-Year Housing Deal Deadlines: When 10 Days = 4 Days

“Calendar Days” vs. “Business Days” [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.] In general, there’s been a trend (at least in Minnesota) towards lengthening the inspection and document review...
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Buyer’s Agent: “So, What’s the Seller’s Real Bottom Line??”

Listing Agent Retort:  “I’ll Tell You Right After You Tell Me How High the Buyer is Willing to Go” You (almost) never hear a listing agent (representing a Seller) say to a Buyer’s agent at the outset of negotiations:  “let’s cut to the chase; what’s the most your Buyer will pay for my client’s property?”...
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How Home Sellers Can Know With 100% Certainty that the Buyer’s Walk-Thru Will Go Smoothly

In a business where guaranties should be viewed skeptically, how can you know for sure that the Buyer’s final walk-thru inspection will be uneventful? Answer:  they waive it.  🙂 At least in my experience, it’s a (very) rare occurrence. But, it’s usually associated with one (or more) of the following three factors:  1) the home is...
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