Mouth-Watering Parcels Speaking of development potential . . . the news that the parent company of Arby’s is putting the struggling chain up for sale raises the prospect that some of its locations will be closed — and turned into something else. One especially ripe target: the Uptown Minneapolis Arby’s — between Lake, Lagoon & Emerson...Read More
“Golden Valley Commons South?” How does a landlord (and would-be home seller) comply with city-ordered repairs? One way, of course, is to actually do the repairs. However, if that’s not feasible or economic — and sometimes it isn’t — Plan B is to vacate the property, and sell it “as is.” Multiply by six, and that’s what is...Read More
I know virtually nothing about Egyptian politics, culture or where that country goes from here. But that certainly hasn’t stopped legions of similarly ignorant bloggers from weighing in with their 2 cents. So, here’s mine, direct from Jon Stewart and last night’s “Daily Show“: 1) it’s probably not a very good idea for the Egyptian military...Read More
Explaining Real Estate Listing Contracts Unlike what I suspect is the vast majority of Realtors, I actually look forward to walking clients through the particulars of a listing contract and the related addenda. It certainly helps that, as a former corporate attorney, I know the history, context, and purpose of the various clauses; too, I know what...Read More
Buyer Psychology Is the housing market in for a double dip? That seems to be the topic du jour, in the wake of the latest Case-Shiller numbers showing renewed market weakness virtually across the country. Personally, I don’t know if that’s in the cards. However, I do think there’s a self-fulfilling quality to the discussion. Namely,...Read More
“Work to be Done by a Licensed Contractor” Usually, inspection issues are all about “what”: what is in disrepair; what documentation the Buyer has to substantiate any issues; and what the Buyer wants the Seller to do about it (fix it, or lower the selling price). But “who” can also be relevant — as in, “who...Read More
