Tag

friend

Buyer: “Too Low!” Seller: “Too High!” (Huh?!?)

The Upside Down Negotiation Normally, it’s the Buyer who insists on a lower price, and the Seller, a higher one. The exception? When the two parties to the transaction are long-time friends, and the subject matter is a used car (pictured with its new primary driver, my 17 year-old son, above). To get the deal done, my...
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Home Buyer: Can I Use a Buddy as My Home Inspector?

Two Risks, Not One [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.] If Buyers can waive a home inspection altogether (they can), it stands to reason they can get...
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“The Friend ATM”

Not to Be Confused With “The Parent ATM” Too busy to get to the ATM? If you’re meeting friends at a restaurant, Plan B is to pay for everyone with plastic, then collect cash from your friends for their share. Unfortunately, unlike another famous type of ATM (“the Parent ATM”), cash obtained via “The Friend...
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