Assuming Two Risks, Not One [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.] If Buyers can waive a home inspection altogether (they can), it stands to reason they can...Read More
The Case For Leaving (a little) Money on the Table Home Buyers may not like to hear it, but let me suggest that there’s something more valuable than wringing the last $100 or even $500 out of a deal (depending on the price point), either when negotiating the Purchase Agreement, or resolving any inspection issues...Read More
At least in the Kaplan household, “designated driver” has nothing to do with alcohol, intoxication, or any illicit substances. It’s a function of the weather. So, when it’s exceptionally icy or snowy (it’s both today in the Twin Cities), either me or one of my sons assumes driving duty from my wife, using our 4-wheel...Read More
“Ripeness”: Legalese for “First Things First” Even though it’s been decades since I practiced corporate law, I use the training practically daily. To pick just one example, I consciously apply the legal doctrine of “ripeness” to prioritize decision-making ” both mine and my client’s. In the legal world, “ripeness” means that courts will not consider...Read More
Sales Blockbuster a Big Surprise “We like to have a comparison title so that we can do sales forecasts, but in this case none of the comparisons work.” –“The Long Tail of ‘Where the Crawdads Sing”; The New York Times (12/21/19). It turns out that publishers estimate book sales the same way Realtors (and Appraisers)...Read More
Porsches, Picasso’s, and Stradivariuses A Steinway piano is a hand-made marvel, full of intricate detail and workmanship, sought by collectors and valued accordingly. A true “piece of work,” one might even say. Ditto such treasures as a Stradivarius violin, a Picasso painting, a Porsche sports car, and a Rolex watch. So . . . how...Read More
