Realtor vs. Non-Realtor Definitions To a non-Realtor, the idiom, “I’m not buying it” roughly translates to, “I don’t believe your [obviously bogus] explanation.” To Realtors, however, the phrase means something much more literal. Namely ” at least when uttered by a Buyer’s agent ” “I’m not buying it” translates as, “I’m not buying the home . ....Read More
Not Mutually Exclusive At least at the moment, there’s no need to choose between “Lake Calhoun” and “Lake Bde Maka Ska.” That’s because — in the wake of unceasing local rain — the primary lake now has at least two satellite lakes. The larger body of water (top photo) is at the southwest corner of...Read More
Big Change(s) in Store for Lake Bde Maka Ska (and it’s not the name) Yeah, Yeah, I know “Tin Fish” wasn’t the name of the restaurant on the northeast corner of Lake Calhoun that was destroyed by fire two weeks ago. After a 14-year run, it closed in 2017, and Lola’s on the Lake replaced...Read More
Home Sale “Bones of Contention”** — and How to Avoid Them Sellers don’t want to pay special assessments that are payable after closing . . . because they’re not going to be the owner then. It makes sense for the Buyer to pay it, they reason, because it’s the Buyer who’s going to enjoy the...Read More
The Case For ” and Against In a microcosm, the considerations for doing an open house over Memorial Day weekend are the same as for deciding whether to list a home during a traditionally slow time of the year (like around the holidays). Here’s how the arguments shape up: Pros: —Not much competition from other open...Read More
Housing Market Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical condition:...Read More
