“Houston, We Have a (Closing) Problem”: a Saga of an Encroachment, a Blown Closing, and — Eventually — a Happy Ending

When One Word (“PROPOSED House”) Looms Large Test your knowledge of encroachment issues, and see if you can detect a problem in the photo above. Give up? The northeast corner of the home on the pie-shaped lot clearly encroaches on the lot immediately to the east. Make that, the lot underneath the Minnetonka home my...
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The Buyer’s Written Statement is Late: “No Biggie” or “Uh-Oh/Holy Sh*T!!”

[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 I tell clients, the second most important date in a residential Purchase Agreement is the Written Statement deadline (the most...
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Home Seller (& Listing Agent) Lament: ‘Why Haven’t I Heard from the Buyer??”

Deafening Silence, Post-Inspection: When Hours Seem Like Days The inspection was completed, but the Buyer has been uncharacteristically incommunicado. What’s the likeliest explanation? A. The inspection was a disaster, and the Buyer intends to back out. B. The inspection went fine, but the Buyer got cold feet anyways  . . . and intends to back out....
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Traffic “Checkmate”: Trying — Unsuccessfully — to Avoid Highway 100 Gridlock

Twin Cities Rush Hour Drivers:  “%#!&!#$!” How bad is rush hour (or any hour) traffic in the vicinity of Highway 100 road construction in St. Louis Park these days? Bad enough to evoke the existential play, “No Exit” — and to seriously steam me and doubtless thousands of other Twin Cities drivers. 0-for-5 Trying to...
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(Prematurely) Counting Down to Labor Day Weekend

“3 . . . 2 . . .1”  “10 . . . 9 . . . 8 . . .” I’ve got to assume I’m not the only one thrown by this year’s (very) late Labor Day, September 7. It certainly feels like it should be this weekend. Proposal We tweak the start and end of...
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Why Listing Contracts Don’t Need a “List By” Deadline

“Withheld From MLS” — But For How Long? It’s customary — at least for every listing I’ve ever taken — for the Seller to sign a “Withhold From MLS” form allowing me more than the otherwise maximum three days to have the home officially on the market. Wouldn’t it be smart, therefore, for the Seller...
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