Double-Edged Sword “What’s sauce for the goose is sauce for the gander.” –Proverb. [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.] Even though litigation is notoriously expensive, at least a...Read More
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’...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. When: on the market this Monday. How much: $750k. Who: listed by Ross Kaplan, Edina Realty – City Lakes. Treat yourself to this beautifully updated 6(!) Bedroom home with over 4,000...Read More
Beauty in the Eye of the Beholder Buyer When should a listing agent (representing the Seller) explicitly market that a home “needs cosmetic updates” (or the equivalent)? Less often than you might guess. Here are my three reasons why: One. The pictures tell the story. For years, websites like EdinaRealty.com have allowed an unlimited number...Read More
Beginner Drafting Mistakes “As I am smoking . . . I don’t expect to be thanked.” —What John Hurt’s character ” in “Love and Death on Long Island” (1997) ” says to the cab driver, when the latter points to the cab’s “Thank You For Not Smoking” sign, and asks Hurt to extinguish his cigarette. [Editor’s Note: The views expressed here are...Read More
4 BR/3 Bath Colonial Just Blocks From City Lakes What: 4 Bedroom/3 Bath two-story Colonial with 2,650 finished square feet on a gorgeous, level .20 acre lot. Where: 2851 Huntington Avenue South in Fern Hill; about four blocks southwest of Cedar Lake, and one mile west of Lake Calhoun. How much: just reduced from $600k to $575k. Who: listed...Read More