Cash vs. Financed Deals Is 21 days enough time to buy a home? If two of those days are a holiday (Dec. 24 -25) AND the Buyer needs a mortgage . . . almost certainly not. That’s because, with a financed deal, it takes at least 10-12 business days just to secure a mortgage. In...Read More
“Only 61 53 46(!) Shopping Days Till Christmas!” Yeah, I know: there are still officially 53 days left in 2018. But, that’s cutting it pretty close for would-be home buyers and sellers who want to close by the end of the year. Here’s my math: Thanksgiving week: subtract Thursday and Friday (Nov. 22 and 23). Christmas: subtract Monday and...Read More
Walk to Cedar Lake! Where: 2521 Kipling Avenue South, just west of Minneapolis’ Cedar Lake. What: True 1.5 Story, 3 Bedroom/3 Bath home with over 2,200 finished square feet on a huge lot (75′ x 138′). When: open tomorrow (Sunday, March 25) from 1:30 p.m. to 3:30 p.m.; offers due by noon, Monday. How much: $439,900. Who: listed by Ross Kaplan,...Read More
Where: 2825 Monterey Parkway in the heart of St. Louis Park’s Fern Hill neighborhood (less than one mile west of Cedar Lake). What: Gracious two-story walkout with 5 Bedrooms, 4 Baths, and 2,800 finished square feet on a gorgeous .38 acre lot backing up to Fern Hill Park. When**: listed Tuesday; in multiple offers, “highest...Read More
“This Offer is Only Valid Until Noon, January 16” [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.] At least in Minnesota, where I sell real estate, deadlines are incorporated...Read More
[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.] Clients may not know, but their Realtors do (or should): what the statute of limitations is for bringing an action, post-closing,...Read More
