Seller Christmas Present/Delayed Closing Gift If you’re a busy agent who’s been involved in lots of deals since last Summer, one of the biggest post-closing scares can be an email — like the one I received earlier this week — from a (selling) client who alerted me about an invoice they’d just gotten from Hennepin...Read More
When the (Earnest Money) Check ISN’T in the Mail Normally, the Buyer’s earnest money check is due as soon as the Buyer and Seller have entered into a valid Purchase Agreement. However, I just handled a deal where the Buyer’s offer stipulated that the earnest money wasn’t due until after the Inspection Contingency had been...Read More
. . . . Or One Realtors representing Sellers (better known as “listing agents”) tend to be a lot more focused on Written Statements — and specifically, Written Statement deadlines — than their clients. There are two reasons for that: 1) it can be a technical subject (see below); and 2) most Buyers’ lenders meet...Read More
