Tag

closing

May Closings & (Minnesota) Property Taxes

But First . . . a Brief History Lesson I don’t know about other states — I’m only licensed to sell real estate in Minnesota — but here, residential property taxes are due twice a year: May 15 and October 15. Those non-randomly chosen dates stretch back to when Minnesota’s economy — like practically every...
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Remind Buyer to Do Their Walk-Thru Inspection? Depends on Who You’re Representing

Dual Agency Dilemma #14 [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.] Never having represented both the Buyer and Seller in the same transaction (I consider it a...
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“Joint Tenants” vs. “Tenants-in-Common”

Everything You Didn’t Want to Know About Real Estate Title [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.] First, a caveat:  Buyers who need advice about how to...
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Fall Closings & Minnesota Property Taxes

But First . . . a Brief History Lesson I don’t know about other states ” I’m only licensed to sell real estate in Minnesota ” but here, residential property taxes are due twice a year: May 15 and October 15. Those non-randomly chosen dates stretch back to when Minnesota’s economy ” like practically every...
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Holdover and Early Move-in Agreements: “[S]he Who Negotiates Least, Negotiates Best”

Negotiating One Deal ” or Two?? [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.] Good agents instinctively know that “he who negotiates least, negotiates best.” Which is why...
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Early Move-In (No Agreement)

Homing Instinct Sellers frown on Buyers moving in before closing, for about 27 (valid) reasons. But, the Momma raccoon that set up housekeeping in my client’s window well hardly asked anyone’s permission. And since my clients moved out-of-town well before closing, it fell to the Buyer ” and specifically, their pre-closing walk-thru inspection ” to...
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