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materiality
Out Of Bounds2

In-bounds or Out? The Standard for Buyers’ Walk-Through Inspection

“Substantially the Condition,” Defined (Sort of) [Note to Readers: 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.] “Buyer has the right to a walk-through review of the property prior to closing...
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“Substantially the Same Condition,” Defined (Sort of)

Standard for Buyer’s Walk-Through Inspection [Note to Readers: 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.] “Buyer has the right to a walk-through review of the property prior to closing to...
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The Difference Between “Negotiating” and “Haggling”

Negotiating is a crucial part of any deal, and lays the foundation for a clear, enforceable contract. Haggling is . . . an annoying waste of time. What’s the difference? Exactly two decimals. $5,000 vs. $100 So, a $5,000 item on a $300,000 house is the stuff of negotiation. A $100 item (or less) is haggling. (Note: accountants’...
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The Difference Between “Negotiating” and “Haggling”

Negotiating is a crucial part of any deal, and lays the foundation for a clear, enforceable contract. Haggling is . . . an annoying waste of time. What’s the difference? Exactly two decimals. $10,000 vs. $100 So, a $10,000 item on a $250,000 house is the stuff of negotiation. A $100 item (or less) is haggling. (Note: accountants’...
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“Substantially the Same Condition,” Defined (Sort of)

Standard for Buyer’s Walk-Through Inspection [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.] “Buyer has the right to a walk-through review of the property prior to closing to establish...
Read More

The Difference Between “Negotiating” and “Haggling”

Negotiating is a crucial part of any deal, and lays the foundation for a clear, enforceable contract. Haggling is . . . an annoying waste of time. What’s the difference? Exactly two decimals. $10,000 vs. $100 So, a $10,000 item on a $250,000 house is the stuff of negotiation. A $100 item (or less) is haggling. (Note:  accountants’...
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