Tag

Oct 15

After the Harvest, Before Winter*: The Connection Between Oct. 15 and November 3 (at least in Minnesota)

Nod to Colder Climate So, what IS the connection (you ask)? Both dates were chosen with farmers and an agrarian economy in mind, literally two centuries ago.** Here’s the explanation: When Congress in 1845 set Election Day on the first Tuesday after the first Monday in November, however, lawmakers were thinking of weather rather than...
Read More

Credit @ Closing From the Seller? “Thanks, But No Thanks”

Unpaid Property Taxes:  When Credits are Bad and Debits are Good Normally, credits (getting money) at closing is good, while paying money (debits) at closing is bad. When is that not the case? When the Buyer is getting a credit at closing from the Seller for the Seller’s pro rata share of the property taxes...
Read More

Archives