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define

First Showings, Second Showings, and Sort-of-Second Showings

A first showing is pretty straightforward: it’s when a prospective Buyer, accompanied by their agent, views a “For Sale” home. Ergo, a second showing is when the Buyer likes it, and doubles back for a closer look (sometimes with friends, relatives and/or a contractor buddy in tow). So, what’s a “sort-of-second showing”? (my term). When...
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Exactly What’s “Limited” in a Limited Warranty Deed?

Edina Realty’s 2016 Realtor Continuing Education, Cont. [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.] What does a former corporate attorney who’s been selling real estate for over 14...
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MLS Agent Remarks: “Terrific House in Convenient Location. Clean TISH”

“Clean Litter Box . . . Clean Chimney . . . Clean TISH(?!?) No, the listing agent isn’t touting the condition of some obscure new appliance, or instructing anyone to clean anything. They’re referring to the municipal Truth in Sale of Housing inspection. Public vs. Private Home Inspection Required by about a dozen municipalities locally,...
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The Opposite of NIMBY: “Why CAN’T I Put it in My Backyard?!?”

Discounting(?) for a Conservation Easement NimbÄ“ noun:  “a person who objects to the siting of something perceived as unpleasant or potentially dangerous in their own neighborhood, such as a landfill or hazardous waste facility, especially while raising no such objections to similar developments elsewhere.” –definition, “Not in My Backyard.” In contrast to the traditional definition of...
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“Sold?” No, “Spoken For” (or if you prefer, “Under Contract”)

When “Sold” Doesn’t Mean “Sold” At least in Minnesota, when you see a “Sold” rider above a “For Sale” sign in front of a house, it doesn’t mean “Sold” — it means “Pending.” Huh? The (admittedly confusing) convention is to pronounce a home that’s under contract and past Inspection — but not yet closed — as “Sold,” even though...
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The “Très Magnifique Ceiling” (or is it, “Tray??”)

I’ve got a hunch how — at least in some people’s minds — “tray” ceiling became “trey”:  “très” is French for “very” (as in “very beautiful”). From there, it’s just a small step (and single letter) to “trey.” Of course, that’s also how the word sounds phonetically. However, the correct adjective for a recessed ceiling...
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