Closing Checklist . . . for Listing Agents I actually like 8 a.m. closings for a lot of reasons, especially when title companies are swamped (like now). If there’s a hitch with wired funds, there’s plenty of time to correct it; there’s no chance of a glitch in the closing(s) before delaying yours; clients are...Read More
Enabling(?) Non-Committal Buyers (aka “Fence-Sitters”) One of the things that invariably happens in the course of representing a Seller is the Listing agent gets a request from a Buyer’s agent to “be kept in the loop.” Translation: ‘let me know if someone else is about to buy the home, so my client at least knows...Read More
English, Please! To be fair to the listing agent (representing the Seller), the sentence above was in the “Agent Remarks” field on MLS, not the “Public Remarks” section. But, for the benefit of Buyers whose agents print out the unabridged, “Agent Full” report (I do for my clients), here’s the translation: “This 1925 Linden Hills...Read More
Good Thing No One Saw It. Not. My take on the meth disclosure on the standard Minnesota Seller Disclosure is the same as my view of accused murderers on the witness stand: if you’re potentially capable of murder, you’re certainly capable of (and motivated to) lie about it under oath. In the same vein, someone...Read More
Buyer’s Agent: ‘Where on Earth is the Lockbox?!? Oh, THERE It Is!” The vast majority of the time, the easiest and best place to locate a lockbox — holding the key(s) the Buyer’s agent needs to access the home — is the front door. However, sometimes that’s not possible because there’s nothing to securely attach...Read More
[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.] As I tell clients, the second most important date in a residential Purchase Agreement is the Written Statement deadline (the most...Read More
