True or False: Home Buyers Purchasing “As Is” Usually Skip the Inspection

“As Is” â‰… “Pass/Fail” [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.] It seems obvious: if the Seller isn’t going to correct anything — the definition of “As Is” —...
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Home Owner/Seller: “That Crack in the Foundation Floor is On Purpose” (Yeah, Right!)

Gullible Homeowner?  Not So Fast . . . It sure sounds like a line:  a builder who tells their client that they intentionally put a crack in the foundation floor to alleviate settling-related stress. But, it happens to be true. The two caveats:  1) it should be a small crack, barely more than a hairline; and...
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Homes That Have Been For Sale FOREVER (and a Day): Potential Buyer Opportunity — or Not?

Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there:  homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...
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How Would China Handle MF Global, Jon Corzine?

Juxtaposing U.S., Chinese Justice Systems According to a Chinese government report released today, “primary leadership responsibility for the bullet-train collision rests with top Railway Ministry officials.”  The report noted that 54 government, ministry and industry officials face disciplinary action, including possible criminal charges. —China Blasts High-Speed Rail System; The Wall Street Journal (12/29/2011).  Former MF Global CEO Jon Corzine says...
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