Tag

cash sale

What Kind of Home Sells in Multiple Offers Near the Holidays? THIS Kind!

Sold in 3(!) Days — For Almost $43k Over List Price! Where: 140 Gleahaven Road, Wayzata. What:  4 BR/3 Bath mid-century Rambler with 2,800 finished square feet. When: closed November 30. How much: listed for $459,900; sold for $502,500. Who: listed by Carolyn Olson, Coldwell Banker Burnet; sold by Gregg Larsen and Mike Rosolanka, Coldwell Banker Burnet. In...
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Real Estate Version of “Ready, Fire, Aim”

Where’s All the Cash Coming From? “Using cash allows real estate investor Jeremy Rupp to pay less than the asking price, then after the deal closes, he gets a mortgage on the home to free up more cash to keep buying.” –Jim Buchta, “Cash is Still King“; The Star Trib (11/3/2013) Call it the real estate version...
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June 29, 2012: ‘Be Nice to Your Closer’ Day

One Down, Eight to Go If you’re going to close on the purchase or sale of a home on the busiest day (today, the 29th) of the busiest month (this June) for closings in years, it helps to:  a) have a cash Buyer; and b) go first. My clients were, and they did. Start time:  9:01...
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