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earnest money refund

Pre-Approval Letters vs. Written Statements

“Bookends” at Beginning, End of Loan Process [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.] As anyone who’s recently bought or sold a home in Minnesota knows, a...
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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...
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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...
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Doubling Down on a Short Sale

Pro’s and Con’s It’s difficult advice to give a Buyer, but I ran into another agent recently who recommends that would-be Buyers in a short sale go ahead and deliver their earnest money check and perform their inspection — before the bank signals its OK. Many (all?) Buyers are hesitant to do that, because if the bank does not agree...
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