Closing Headaches — Exhibit A [Note to Readers: 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’s not the biggest mistake Sellers can make — the maximum exposure is typically “only”...Read More
Closing Headaches — Exhibit A It’s not the biggest mistake Sellers can make — the maximum exposure is typically “only” a couple hundred dollars — but it’s still a headache that can delay if not jeopardize closing. The mistake? Representing that a non-homesteaded home is in fact “homesteaded.” Background What’s the distinction — and why does it...Read More
Everything You Were Told About Filing for “Homestead” at Closing But Forgot 3 (or 11) Months Later [Editor’s Note: this post originally ran (late) last November. On the theory that that might be cutting it close for some folks, I’ve moved up the date — a bit — this year.] If you bought a home earlier...Read More
