Standard for Buyer’s Walk-Through Inspection [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.] “Buyer has the right to a walk-through review of the property prior to closing to establish...Read More
Deafening Silence, Post-Inspection: When Hours Seem Like Days The inspection was completed, but the Buyer has been uncharacteristically incommunicado. What’s the likeliest explanation? A. The inspection was a disaster, and the Buyer intends to back out. B. The inspection went fine, but the Buyer got cold feet anyways . . . and intends to back...Read More
“Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part” —”The Waiting“; Tom Petty, lyrics Buyers have certainly been known to wait ” sometimes for years ” for the right house. At least to Realtors, however, it is Sellers who seem to...Read More
Recognize This House? Me, Neither Scarcely six months after I sold 2521 Kipling in St. Louis Park’s Fern Hill neighborhood last Spring . . . the home is a veritable construction site. Which explains why the Buyer’s inspection went so smoothly: my recollection is that the Buyer raised few (if any) issues, and quickly removed their Inspection...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
Savvy Home Buyer Multiple Choice [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.] Test your knowledge of today’s housing market, and answer the following question: How can Buyers’ agents...Read More
