“But, the Seller’s Disclosure Doesn’t SAY Anything About a Wet Basement!” (not yet, anyways)

As Realtors if not the general public know, the MLS status “TNAS” ” short for “Temporarily Not Available For Showing” ” is a catch-all.

So, TNAS can cover everything from new carpeting being installed, to someone in the household being sick, to the homeowner having houseguests and/or entertaining (more common over the holidays).  See, “Is That, “TNAS-There’s-a-Deal?” Or, “TNAS-the-Plumbing-Sprang-a-Leak?“; and “TNAS” Scenarios.”

However, in the wake of record area snowfall last month, and now rapidly rising local temps (plus last week’s drenching rain), it’s a good bet that the majority of “TNAS” homes on MLS today are dealing with exactly one thing: a wet basement.

As of this morning, about 1,300(!) Minnesota homes were listed as “TNAS” (note: the Twin Cities’ MLS also includes properties in non-metro locations such as Aitkin, Hastings, Le Sueur, etc.)

P.S.: Once homeowners have addressed the problem, step #2 is to update their Minnesota Seller’s Disclosure.

See also, Springing a Leak ” or a Lake(?!?) ” Before Closing.”

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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