Tag

executed contract

Point(s) of Maximum Vulnerability in a Home Sale

Multiple Offers, Momentum Shifts, etc. Unbeknownst to laymen, there is a predictable ebb and flow in the course of each housing transaction, whereupon each side is most (and least) vulnerable to the other. For a Buyer, the point of maximum vulnerability comes early: that would be after they have verbally come to terms to buy...
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Sweating Out Seller Signatures (Again)

“They Can’t Do That!” (Can They??) I’ve never had it happen to one of my clients. But, I’m willing to guaranty you that somewhere in the Twin Cities this Spring, there’s going to be a Buyer (or several) who thought they had a done deal . . .  and suddenly doesn’t. The explanation? In between...
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When is a Deal Officially a Deal?

Real Estate Legal Trivia That question is HUGE in residential real estate, for a number of reasons. The three biggest: One. The “Final Acceptance Date” — when the deal’s officially a deal — starts the clock running on the Buyer’s Inspection Contingency (Buyers typically have 3-5 business days to inspect, once the ink on the deal is...
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Point(s) of Maximum Vulnerability in a Home Sale

Multiple Offers, Momentum Shifts, etc. Unbeknownst to laymen, there is a predictable ebb and flow in the course of each housing transaction, whereupon each side is most (and least) vulnerable to the other. For a Buyer, the point of maximum vulnerability comes early:  that would be after they have verbally come to terms to buy a...
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Legal Housekeeping

Practicing Good Legal Hygiene Unfortunately, I’m not “paperless” — and probably never will be. For taking notes on the fly — while on the phone, at someone’s Dining Room table, etc. — there’s nothing like the simplicity and portability of pen (or pencil) and paper. They never crash, suffer from poor reception, get corrupted or have to...
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