Contingent vs. Non-Contingent Offers “We may be small — but we’re slow.” –Cal Tech football team slogan To be sure, carrying one mortgage today — let alone two — can be a big financial challenge, however temporarily. And it’s certainly less risky to sell your current home, before buying your next one. However . . ....Read More
The Corollary to, “No One Washes a Rental Car” What’s the significance of the disclosure — required in Minnesota — that the Buyer is a licensed real estate agent? In my experience, two things: One. The Buyer is more sophisticated (or should be), and therefore, at least in theory, the deal can progress more quickly and...Read More
One Set of Pipes or Two? First, a caveat: for the record, I’m never in favor of winterizing a home, even one that’s vacant, even in Minnesota in the winter. In my experience, it’s almost always more cost-effective to empty such a home, move any to-be-disposed-of personal effects into storage, and expeditiously get the home on...Read More
