“Good,” “Better,” and “Best” Inspection Timetables The best way for a Buyer to prevail in multiple offers? Easy. Come in with the highest price and the lowest financing risk — or none, in the case of a cash offer. See, “Tiebreaker in Multiple Offers: the Buyer’s Loan Officer.” But that doesn’t mean there aren’t other ways Buyers can make...Read More
Blast From the Past — Like, 2005 More signs that at least some segments of today’s housing market are overheating: I am hearing about — and running into personally — “For Sale” homes . . . that really aren’t. That is, they sell almost immediately after coming on the market, but the listing agent neglects...Read More
How Rational? One of the most common concerns Buyers (especially first-time Buyers) have is, “what if I commit to buying this home, and then something ‘better’ comes on the market?” How reasonable is that fear? Put it this way: if the Buyer has done their homework, i.e., learned the market and fine-tuned what they’re looking for,...Read More
Chasing a Rising Market Many stock market observers believe that one of the key ingredients fueling recent record highs is something called “short covering” (note: I’m one of them). Whereas investors who “buy long” make money when stocks go up, short sellers profit when stocks fall (technically, they borrow stock to sell when they believe...Read More
Most Popular Blog Post: ‘Statutory Cancellation for Beginners’ When it comes to Web popularity, “going viral,” etc., there is certainly a virtuous circle phenomenon at work. Namely, the more people read a post, the higher-ranked (and more visible) it becomes, which in turn assures even more hits. That said, the most popular post on this...Read More
“They Can’t Do That!” (Can They??) I’ve never had it happen to one of my clients. But, I’m willing to guaranty you that somewhere in the Twin Cities this Spring, there’s going to be a Buyer (or several) who thought they had a done deal . . . and suddenly doesn’t. The explanation? In between...Read More
