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AWOL Buyer

Suddenly Scarce Twin Cities Buyers

Momentary Lull? The word amongst local Realtors — corroborated by what I’ve seen personally — is that Buyer activity for mid-September seems to be unexpectedly low. That means fewer showings for Actively Listed homes, which means fewer deals in the transaction pipeline — and ultimately fewer closings later this Fall. The various theories I’ve heard:...
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The Developer Who Changed Their Mind (Or Did They?)

Irking the Neighbors I can certainly understand how my client thought that the developer had had a change of heart. More than two months after they sold their home to the builder this Spring, the new owner was nowhere to be found. Meanwhile, the neglected property was becoming increasingly derelict (overgrown lawn, broken window, missing gutter extensions,...
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“Dear (Former) Homeowner: You Owe Us $75k”

Ok, so that’s not what the letter — sent by certified mail, no less — actually said. But, it’s not hard to see why my client thought that. In fact, what they received was a subcontractor notice, commonly referred to as a prelien notice, informing them that the value of the goods and services that the contractor...
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