“Find Your Place” . . . in Between a Future Construction Site and Demonic Neighbors (Huh?!?) Let me see if I understand StreetEasy’s pitch** for a New York City loft (above) correctly. The unit immediately above (“NEEDS RENOVATION”) is likely to become a noisy, dusty construction site for an indeterminate period of time, starting . . ....Read More
Conspicuously Missing Term: Asking Price One of the more confusing contracts in residential real estate is what’s called a “One Time Showing Contract.” As you might guess, unlike a Listing Contract, which allows the Realtor to market a home to the world, a One Time Showing Contract contemplates a deal with exactly one prospective Buyer. Key Terms In...Read More
In a supposedly paperless world, why does anyone still need something to correct paper mistakes? I know at least one, non-standard application: touch-up paint for Realtor sign riders. 🙂 It’s not as good as white nail polish, and not as water-repellent (or long-lived) as oil-based paint, but in a pinch . . . it’ll do!Read More
The Case of the Mysteriously Missing Inspection Clause “Seller Shall/Shall not have the right to continue to offer the Property for sale until this Inspection Contingency is removed.” –old Minnesota Residential Purchase Agreement, lines 192. – 193. [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire...Read More
P.S.: “What’s a Grommet??” OK, so “Bad Grommet!!” isn’t exactly what I muttered when I saw the misplaced grommets** in my custom sign rider this morning. 🙂 But, it sounded similar. The reason for my aggravation? The fix required a time-eating return trip across town to my sign company, to drill new grommets. Fortunately, they...Read More
Surprisingly Spacious 6 Bedroom(!) Home with > 4,000 Square Feet Where: 4709 40th Lane, St. Louis Park. What: Modified two-story with 6 Bedrooms and 4 Full Baths; total finished square feet = 4,068. When: on the market today(!). How much: $750k. Who: listed by Ross Kaplan, Edina Realty — City Lakes. You’ll love this beautifully updated and...Read More