The Easy Way . . . and the Hard Way The Buyer’s inspection revealed a material defect in the home that the Seller doesn’t dispute. Both parties want to stay in the deal. What are their options? Option #1: the Seller fixes the problem, prior to closing. Here are the related steps: Buyer and Seller...Read More
Dangerous Default Language (at least for Buyers) [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.] Once upon at time (OK, till 2016), Minnesota home buyers who discovered inspection issues that required...Read More
Buyer Inspection #11: “Meet-Contractors-to-Get-a-Head-Start-on-Remodeling” If you didn’t know how many different kinds of home inspections there were these days, here’s a good starting point: look at the pull-down menu on MLS (photo, above). The tally? No fewer than 10. As formidable (scary?) as that list may appear, at least in my opinion, it omits three (at least)...Read More
The Easy Way . . . and the Hard Way The Buyer’s inspection revealed a material defect in the home that the Seller doesn’t dispute. Both parties want to stay in the deal. What are their options? Option #1: the Seller fixes the problem, prior to closing. Here are the related steps: Buyer and Seller...Read More
Seller’s Market Side Effects [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.] In addition to the rationale I presented in “Proliferating Home Inspection Tests – Part One,” fellow Edina...Read More
Cost-Benefit Criterion It’s not just medicine where there are now more — and more expensive — diagnostic tests. Home inspections increasingly include multiple, specialized tests as well. Besides the standard, whole home inspection for around $400, these three tests seem to be popping up more regularly in today’s housing market: One. Radon. An odorless gas...Read More