Tag

arbitration

Dealing With Bad Behavior: Three Choices

Bad Behavior, Bad Actor It doesn’t happen often, but I’ve certainly handled deals where a party I’m representing in a real estate transaction has been on the receiving end of, shall we say . . . “bad behavior.” What to do? The conventional choices are:  1) get mad; or 2) get even. Option #3 But,...
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Navigating an Arbitration Proceeding, Post-Closing

When Ignorance is Bliss — Realtor Version Show me an agent who knows the particulars of Buyer-Seller arbitration, and I’ll show you  . . . an agent who’s just gone through arbitration. Which in turn means they were involved in a deal where the Buyer and Seller were VERY unhappy with one another. Or should...
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Rising Housing Market = Less Litigation?

Thick — and Thin-Skinned — Buyers First, two disclaimers:  1) in a decade selling real estate, I’ve never had a Buyer or Seller I represented bring — or defend — a legal action or arbitration claim; and 2) lawsuits (or arbitration actions) over “home sales gone bad” aren’t very common to begin with (I’d estimate that...
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Most Important Question on Seller’s Disclosure?

Sellers Who Don’t Know the Condition of their Homes What’s the most important question on the Seller’s Disclosure? (in Minnesota, a 9 page, single-spaced document with perhaps over 100 of them) At least in my opinion, the one asking whether the owner has continuously lived in the home the last 12 months. That’s because the...
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