New Inspection Contingency Timetable for Minnesota Home Buyers, 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.] The answer to the question, “when does 5+2+1 = 10?,” is, “when...Read More
The Relocation Fire Drill, or, “The Turbo-Charged Home Search” Relocation Buyers — often serial corporate transferees — present both opportunities and challenges for Sellers. First, the bad news: such Buyers typically look at LOTS of homes, across a wide range of neighborhoods and home styles. That’s because they don’t know the local community well or...Read More
Parsing a “5-2-1” Timeline in the Buyer’s Inspection Contingency [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.] One of the trickiest clauses in the standard Minnesota housing purchase agreement...Read More
When “Less” Can Be More Every time of year has pluses and minuses for home Buyers and Sellers. The lead-up to a long holiday weekend — in this case, July 4 — is no different. Pluses, from the Buyers’ perspective: –Less competition for homes; less chance of a home that a Buyer wants to see...Read More