Tag

home sale

“The Case of the AWOL New Owner”

Neighbors:  ‘Somebody Mow the %#$!#& Grass Already’ “The king is dead.  Long live the king.” Usually after a home sale closes, the new owner gets the keys, the moving truck shows up a few days (or hours) later, and life in the neighborhood quickly resumes, albeit a little differently than before. And then there’s what...
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Easements and Home Sales

What Does the Seller Have to Disclose? It comes up rarely enough that even a former attorney (I am) needs a little back stopping from Edina Realty’s legal department. The question:  what kind of easements do home sellers have to disclose to prospective buyers? That is, assuming they’re aware of them. As far as home transactions...
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Post-Closing Calls (and Instant Messages)

Buyers’ Lists — and Realtors’ It’s common for Buyers — especially first-time Buyers — to let their family and friends know just after they’ve successfully closed on the purchase of their home. But, Realtors also keep a list of people to call, post-closing (at least, I do). Who’s on it? “So, What’d it Sell For??”...
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Move-in Agreements & Rent-Back’s

Pro’s, Cons — & Pitfalls –“At the beginning (of the relationship), the developer had the experience and the insurance company had the money.  At the end . . . the insurance company had the experience, and the developer had the money.” –“Possession is 9/10 of the law.” I heard the first line a couple lifetimes ago, when...
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Cuba’s Housing Market

Investors (and non-Cubans) Not Wanted When Cuba legalizes buying and selling homes by end of the year — as the government promised again this week — [observers] expect a cascade of changes:   higher prices, mass relocation, property taxes and a flood of money from Cubans in the United States and around the world. –Damien Cave, “Cubans...
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