Five-Step Checklist One of the last steps before closing ” in fact, sometimes done on the way to closing* ” is the Buyer’s walk-thru. To my mind, at least, the Buyer’s walk-thru has these five goals: One. Determine that there’s been no change in the home’s condition since the Inspection Contingency was removed. What can...Read More
Best Advice to Home Sellers: “Tell What You Know” Homeowners can be forgiven for not knowing the difference between a special assessment that’s “pending,” vs. one’s that “levied” ” as opposed to one that is assessed and currently payable. Realtors have trouble keeping those terms straight as well. The best advice to give prospective home...Read More
“You Know One When You See One” “The race is not to the swift, nor the battle to the strong ” but that’s the way to bet.” -—Ecclesiastes (with an assist from Damon Runyon). For the benefit of non-Realtors, here’s a “Top Ten” List of ways that Realtors know that a home Buyer is serious....Read More
In a business where guaranties should be viewed skeptically, how can you know for sure that the Buyer’s final walk-thru inspection will be uneventful? Answer: they waive it. 🙂 At least in my experience, it’s a (very) rare occurrence. But, it’s usually associated with one (or more) of the following three factors: 1) the home is...Read More
Is That “Minnesota Agent?” Or, “Agent Anywhere in the U.S.?” [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.] You are listing a Twin Cities home being sold by an estate....Read More
Not Exactly a Non-Issue, But . . . [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.] “To your knowledge, have any of the following previously existed or do they currently...Read More