Tag

Buyer

Working With Home Buyers: “Contracts” vs. “Paperwork”

“Just Sign Here” [Note to Readers: 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.] Which sounds less intimidating (at least if you’re not a lawyer): “let’s meet at my office at...
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Passed Across the Closing Table: Keys, Garage Door Openers, Bike Chains (Bike Chains??)

Agent-to-Agent Closing Courtesy While the Seller is busy passing house keys, garage door openers, etc. to the Buyer at closing, guess what the Buyer’s agent often gives the listing agent (representing the Seller)? No, the correct answer isn’t, “a flask of whiskey”. Rather, it’s the listing agent’s lockbox. As a courtesy, Buyers’ agents will often...
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The Single Best Negotiating Strategy For Home Buyers

Caution:  Only Use if True Want to know the single most compelling pitch a Buyer can make to a prospective home Seller, especially if negotiations are at an impasse? This one: “I’d love to buy your home for $___ .  If that’s acceptable, please let me know by [time].  Otherwise, I plan to make an...
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Working With Buyers: Contracts vs. “Paperwork”

“Just Sign Here” Which sounds less intimidating (at least if you’re not a lawyer): “let’s meet at my office at 6:30 p.m. to go over the paperwork.” Or, “let’ s meet at 6:30 p.m tonight to review and sign the contracts.” At least to my ear, Option #1 ” which is what I tell prospective...
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So, Who Pays For That Post-Closing Special Assessment — the Buyer or Seller?

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...
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Buyers Who “Sit Shiva”** for a Cancelled Deal — That THEY Cancelled (Huh?!?)

Mourning the Loss of a House: not “The One,” after all Just because no one died, doesn’t mean that home Buyers who feel compelled to cancel a deal — typically in the wake of a (very) bad inspection — aren’t disappointed. In fact, depending on how excited the Buyer was about the home in question, how...
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