Cash vs. Financed Deals Is 21 days enough time to buy a home? If two of those days are a holiday (Dec. 24 -25) AND the Buyer needs a mortgage . . . almost certainly not. That’s because, with a financed deal, it takes at least 10-12 business days just to secure a mortgage. In...Read More
Being There ” Literally ” For Clients I suppose there are Realtors who miss their clients’ closings. But, I’m not one of them. Would you miss a kid’s graduation? A family member’s birthday party? OK, so a real estate closing may not be quite so momentous. But, after working side by side with someone closely...Read More
But First . . . a Brief History Lesson I don’t know about other states ” I’m only licensed to sell real estate in Minnesota ” but here, residential property taxes are due twice a year: May 15 and October 15. Those non-randomly chosen dates stretch back to when Minnesota’s economy ” like practically every...Read More
Contractual Assent . . . and a Veto Power To successfully change the closing date of a home sale, which of the following must agree? A. The Buyer. B. The Seller. C. The Buyer’s lender. D. The Buyer’s title company. E. The Seller’s title company. F. The Realtors (Listing agent and Buyer’s agent). Answer: all...Read More
But First . . . a Brief History Lesson I don’t know about other states — I’m only licensed to sell real estate in Minnesota — but here, residential property taxes are due twice a year: May 15 and October 15. Those non-randomly chosen dates stretch back to when Minnesota’s economy — like practically every...Read More
Closing Checklist . . . for Listing Agents I actually like 8 a.m. closings for a lot of reasons, especially when title companies are swamped (like now). If there’s a hitch with wired funds, there’s plenty of time to correct it; there’s no chance of a glitch in the closing(s) before delaying yours; clients are...Read More
