Tag

rule change

“It’s 11:55 p.m. on Day #10** of the Inspection Period. Do the Buyer and Seller Still Have a Deal?”

Dangerous Default Language (at least for Buyers) [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.] Once upon at time (OK, till 2016), Minnesota home buyers who discovered inspection issues that required...
Read More

Nod to Reality: Minnesota Home Buyers Can Now Take Their Own Pictures, Video of “For Sale” Homes

“Opt-Out” Option for Home Sellers [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.] “Seller understands the prospective buyers and others authorized to access the Property may record the Property...
Read More

“It’s 11:55 p.m. on Day #10 of the Inspection Period. Do the Buyer and Seller Still Have a Deal?”

Dangerous Default Language (at least for Buyers) Up until last August, Minnesota home buyers who discovered inspection issues that required negotiation with their Seller were safe. If they proposed an Amendment reducing the sales price say, $1,500 as a result, and the Seller said “no,” the deal automatically cancelled at the end of the agreed-upon inspection period....
Read More

Archives