5482 Sanibel Drive in Minnetonka So, exactly what does the listing agent — Sandal Hart in Edina Realty-City Lakes’ office — mean by “roommate layout?” The “Agent Remarks” section on MLS explains: “TWO large master suites, both with walk-in closets and private full bathrooms (unique “roommate” design).” NOW I get it. And Sandal is correct: ...Read More
< + Δ [Editor’s Note: Nothing in this post or on this blog should be construed as offering legal counsel. If you require legal advice, please consult an attorney.] If you want to skip my post, “Counteroffer vs. Amendment vs. Addendum” and cut to the chase, here it is, in three...Read More
MLS: “An Offer Has Been Accepted Contingent Upon: Sale of Another Property” In a non-Contingent offer — also just called a regular offer — the prospective home Buyer represents that they can perform (= pay) without first having to sell another home. Ergo, a Contingent offer is one in which they have to sell their current home...Read More
Chances of Selling: “Possibly” vs. “0%, 100% Guaranteed” “In the land of the blind, the one-eyed man is King.” –proverb The real estate corollary to the proverb above? “During a time of year when inventory of good homes is depleted, and lots of “For Sale” homes are temporarily off the market (“TNAS,” or Temporarily Not...Read More
There Oughta Be a Word For That What do you call all the things outside a home ” like concrete steps, pavers, custom handrails, retaining walls, etc. ” that don’t quite qualify as “landscaping?” “Flatwork.” Thanks to Lisa Meyer, Edina Realty’s Roseville Office Manager, for solving that one. P.S.: “Flatware” refers to eating utensils and plates.Read More
Perplexed by “Plex” Here in the Midwest, a “triplex” has a specific, defined meaning: it’s an apartment building with three, legally separate rental units. Ergo, a duplex consists of two units, a fourplex, four, and so on. The units may either be side-by-side or stacked vertically — same (legal) difference. Number of Floors vs. Units...Read More