DIY Home Buyers & Sellers The vast majority of Minnesota home Buyers and Sellers elect to settle any post-closing disputes thru arbitration rather than litigation. The explanation? It’s considered faster and cheaper. The occasional exception: Buyers who are lawyers, are related to lawyers, or otherwise think they can procure the required legal services at a...Read More
Explanations for Sinking Soil Good home inspectors don’t just check out the interior of a home; they check the exterior and even the yard for clues that something “just isn’t right.” So, when my client’s inspector noticed a depression in the backyard of their under-contract St. Louis Park home, he raised the possibility that the...Read More
For the (real estate) uninitiated, the MLS status “TNAS” stands for “Temporarily Not Available for Showing.” That can be the case when a home is already under contract, and being inspected by the Buyer; someone is home sick; or, the Seller simply doesn’t want intrusions over the holidays. But, what do listing agents disclose when the...Read More
“Calendar Days” vs. “Business Days” [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.] In general, there’s been a trend (at least in Minnesota) towards lengthening the inspection and document review...Read More
Seller’s Market Side Effects [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.] In addition to the rationale I presented in “Proliferating Home Inspection Tests – Part One,” fellow Edina...Read More
Cost-Benefit Criterion It’s not just medicine where there are now more — and more expensive — diagnostic tests. Home inspections increasingly include multiple, specialized tests as well. Besides the standard, whole home inspection for around $400, these three tests seem to be popping up more regularly in today’s housing market: One. Radon. An odorless gas...Read More
