Home Sale “Bones of Contention”** — and How to Avoid Them Sellers don’t want to pay special assessments that are payable after closing . . . because they’re not going to be the owner then. It makes sense for the Buyer to pay it, they reason, because it’s the Buyer who’s going to enjoy the...Read More
Ruing the “Buyer That Got Away” Sometimes, the biggest hurdle to selling a home isn’t the market, or the home’s condition, or bad marketing. It’s the would-be Seller’s mindset. Herewith are the four biggest obstacles that can trip up Sellers: One. What the owner paid (historical cost). Unfortunately for Sellers, Buyers don’t care about what...Read More
Real Estate Math I showed clients an upper bracket Edina home yesterday that’s been languishing on the market — at ever-lower prices — for 3(!) years. The reason(s) became apparent literally 10 steps in the door: every square foot of the very large home needs updating (the online photos nicely camouflaged that). Given the home’s...Read More
EdinaRealty.com, Now New & Improved One of the biggest frustrations for prospective home Buyers is finding a house for sale online that really . . . isn’t. That’s because the home already sold or, more commonly, is under contract but hasn’t yet closed. At the other extreme, there are also homes under contract that prospective Buyers...Read More
