A Jury of One: The Buyer “Two men were walking through the woods when a large bear walked out into the clearing no more than 50 feet in front of them. The first man dropped his backpack and dug out a pair of running shoes, then began to furiously attempt to lace them up as...Read More
“Substantially the Same Condition” & The Golden Rule ‘I know it when I see it.’ –Supreme Court Justice Potter Stewart, on the legal definition of what constitutes pornography. “Buyer has the right to a walk-through review of the property prior to closing to establish that the property is in substantially the same condition as of the...Read More
Standard for Buyer’s Walk-Through Inspection “I know it when I see it.” –United States Supreme Court Justice Potter Stewart’s threshold test for defining obscenity. What’s fair game for raising issues during the Buyer’s walk-through inspection? (typically, conducted within 48 hours of closing). At least in Minnesota, any changes to the home since the Buyer’s inspection that substantially alter its...Read More
Square Pegs Business Cards in Round Holes How do Realtors make their business cards stand out from hundreds (thousands?) of others? Dazzling design and colors is certainly one way. But there’s another, even more obvious strategy: alter the shape. So, instead of a standard rectangle, I’ve now seen a handful of square Realtor business cards....Read More
“True” or “False” Quiz True or false: the purpose of the Minnesota Seller’s Disclosure is for the Seller to tell prospective Buyers everything the Seller believes is relevant for making a purchase decision. Answer: False. Correct answer? For the Seller to tell Buyers everything Buyers deem relevant. Which is why smart Sellers err on the...Read More
