Tag

definition

Shortcut for Realtors Who Can’t Remember “Related Party” Disclosure Rules

Who Qualifies as a “Relative?” At least in Minnesota, licensed real estate agents must disclose if they’re related to their client. The logic: agents are presumed to have a negotiating and knowledge edge over non-Realtor “civilians” ” think, “wolves and sheep,” “sharks and seals(?),” etc. — and therefore anyone closely aligned with them does, too....
Read More

Real Estate Abbreviations (or not): “FSF,” “FSZ,” “FP,” “FR,” & “FD” (“FD”?!?)

Doesn’t “FD” Stand for “Fire Department?” “Things should be made as simple as possible ” but not simpler.” —Albert Einstein I’m all for making things simpler when it comes to real estate terminology. But, there comes a point where it . . . becomes kind of silly. Exhibit A:  showing instructions that refer to the...
Read More

The Many Guises of “Come On” (and that’s just as a verb)

“Come on” has eleven (!) different meanings? “Come on!,” I can hear you say. Actually, that’s definition #1 (see below); the other ten follow: One. “I don’t believe you”; incredulous. “She never went to class, and aced the final? Come on . . .” Two. “Hurry up”; admonishing. “The Uber will be here in 5...
Read More

Pre-Approval Letters vs. Written Statements

“Bookends” at Beginning, End of Loan Process [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.] As anyone who’s recently bought or sold a home in Minnesota knows, a Pre-approval...
Read More

“Shut Up!” Has 9 Different Meanings? Shut Up!! (No, YOU Shut Up!)

Deciphering Teen-Speak OK, so this post just might have something to do with having multiple teenagers under my roof. But, as they say, “write what you know.” In that vein, no one is more familiar than me with all the nuances and shadings of that timeless phrase, “Shut up.” Here’s my lexicon: One.  “I don’t...
Read More

“Good Fences Make Good Neighbors” — But, What Makes a Good Fence??

Step #1: What Are the Local Setback Requirements? Robert Frost’s line is often quoted, but seldom defined: what is it exactly that makes a “good” fence good? Here are my four criteria: One. Aesthetic. Acceptable fence materials include wood, vinyl, aluminum, chain link, wrought iron, and wire. Any of the above can be attractive — or...
Read More
1 5 6 7 8 9 36

Archives