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Twin Cities blog

Mistaken Meth Disclosure — on MLS!

Good Thing No One Saw It.  Not. My take on the meth disclosure on the standard Minnesota Seller Disclosure is the same as my view of accused murderers on the witness stand:  if you’re potentially capable of murder, you’re certainly capable of (and motivated to) lie about it under oath. In the same vein, someone...
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Memo to Home Buyers, Pre-Closing: Be VERY Careful Who You Wire Money To

Fraudulent Wiring Instructions “ANTI-FRAUD DISCLOSURE:  Edina Realty and its agents will never provide you with wiring instructions via email without verifying the information in person or over the phone.  EMAILS ATTEMPTING TO INDUCE FRAUDULENT WIRE TRANSFERS ARE COMMON AND MAY APPEAR TO COME FROM A TRUSTED SOURCE. If you receive an email directing you to transfer...
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Homes That Have Been For Sale FOREVER (and a Day): Potential Buyer Opportunity — or Not?

Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there:  homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...
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Creative Lockbox Placement: Exhibit A

Buyer’s Agent:  ‘Where on Earth is the Lockbox?!? Oh, THERE It Is!” The vast majority of the time, the easiest and best place to locate a lockbox — holding the key(s) the Buyer’s agent needs to access the home — is the front door. However, sometimes that’s not possible because there’s nothing to securely attach...
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Housing and the 2016 Presidential Election

Buy/Sell Now or Wait? With the November election finally(!) on the horizon, at least some Buyers and Sellers are trying to decide whether market conditions — and by market conditions, most observers mean interest rates — will be more or less favorable once U.S. voters have spoken. The dilemma:  whether to act now or wait....
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Real Estate Clichés & How to Avoid Them

“Not a Drive-By!”  “Must See!”  Yada, Yada, Yada One of my favorite Mad magazine cartoons (circa 1970) shows a vendor in front of a food stand with the following sign:  “turkey burgers,” “chicken burgers,” “buffalo burgers,” “tuna burgers,” “veggie burgers,” etc. etc. The caption:  ‘we have some with ham, too, but we don’t know what...
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