See if you can guess which of the following contractual terms reportedly clinched the sale for the winning bidder in a recent Twin Cities multiple offer battle: A. Purchase price was $10k higher. B. Closing date was flexible. C. They waived the Buyer’s home inspection. D. They assumed a $600 pending city assessment. Correct answer:...Read More
Best Advice to Home Sellers: “Tell What You Know” (Whatever That Is) [Note to Readers: 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.] Homeowners can be forgiven for not knowing the...Read More
Home Sale “Bones of Contention”** ” and How to Avoid Them [Note to Readers: 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.] Sellers don’t want to pay special assessments that are...Read More
Home Sale “Bones of Contention”** — and How to Avoid Them Sellers don’t want to pay special assessments that are payable after closing . . . because they’re not going to be the owner then. It makes sense for the Buyer to pay it, they reason, because it’s the Buyer who’s going to enjoy the...Read More
Best Advice to Home Sellers: “Tell What You Know” (Whatever That Is) 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...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
