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Home Buyers

Home Buyer: “This Offer is Only Valid Until Noon on Friday, April 9, 2021″

Purchase Agreement Deadlines, Expiration Dates, and (Other) Ultimatums [Note to Readers: 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.] At least in Minnesota, where I sell real estate, deadlines are incorporated...
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Definition, Please: “Hobby Farm” vs. “Farm Farm”

When a home on a large lot somewhere in the ‘burbs doesn’t scratch your itch, what’s next? There’s alway a cabin up north (it IS Minnesota, after all). Other alternatives include a vacation timeshare; a 2nd home in another part of the country; or simply increased travel — at least, once pandemic-related travel restrictions ease....
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Procuring Cause, Checked Swings & Drowning Witches

Procuring Cause Paradox [Note to Readers: 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.] One of the more contentious, behind-the-scenes issues that can crop up in residential real estate is, “which...
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Pre-Approval Letters vs. Written Statements

“Bookends” at Beginning, End of Loan Process [Note to Readers: 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.] As anyone who’s recently bought or sold a home in Minnesota knows, a...
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Realtor Conflicts of Interest: Multiple Choice

High Quality Problems For an Agent to Have [Note to Readers: 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.] Which of the following roles pose a potential conflict of interest for...
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Awkward Dual Agent Moment #27

Recommending a Radon Test (or Not) No man Realtor can serve two masters.” –New Testament (slightly changed). [Note to Readers: 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.] Regular readers will...
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