Contractual Assent . . . and a Veto Power [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.] To successfully change the closing date of a home sale, which...Read More
Contractual Assent . . . and a Veto Power [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.] To successfully change the closing date of a home sale, which...Read More
Contractual Assent . . . and a Veto Power [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.] To successfully change the closing date of a home sale, which of...Read More
Striking While the Iron Housing Market is Hot “Seller would like to close in early-mid September.” –MLS Agent Remarks, 9228 Decatur Ave. in Bloomington. The normal lag time from consummated Purchase Agreement to closing is six to eight weeks — faster if the home is vacant, the Buyer is paying cash, or both parties are...Read More
Hot Housing Market Multiple Choice Quick! Guess which of the following variables — besides price — can be a tiebreaker for Sellers weighing multiple offers: A. The Buyer’s type of financing. B. The size of the Buyer’s down payment. C. The Buyer’s lender (local, name brand > out-of-state and/or online). D. The closing date. E....Read More
Inspection Addendum: “Buyer Shall Cap Any Inspection Requests at $500” [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.] How do Buyers competing in multiple offers differentiate their offers? By offering...Read More
