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Twin Cities home buyer

Exactly How Big is an “Oversized” Bedroom?

Question #2: Is That Different Than “Large?” Original hardwood floors have just been re-done, four oversize bedrooms, tremendous woodwork & period fixtures.” —-“Public Remarks,” MLS. “Oversized” is one of those imprecise adjectives that you occasionally run into in real estate:  its certainly sounds good, but, on closer inspection, doesn’t convey much if any information. Sort...
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Negotiate Formally or Informally?  It Depends

Written vs. Verbal Counter-Offers [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.] OK, so “Written vs. Verbal Counter-Offers” isn’t a very sexy title. But it’s a fascinating subject....
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How Much of a Discount for No Central A/C?

Answer: It Depends on the Buyer ” and the House* It may be a surprise to people who associate Minnesota with year-round Arctic cold, but summers here ” while admittedly not long ” can be hot and VERY sticky. Hence the locals’ preference for central air conditioning. Which raises the question: if a home lacks...
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“Anything New Since Last Time?”

First Dentist Visit Since March How do you respond when your dental hygienist asks if “anything has changed” since your last visit? (in my case, that would be March 4, just over 4 months ago). You mean like . . .  –A global pandemic that’s already infected more than 3 million Americans, and killed almost...
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Runner-Up Home Buyer Lament: “But, I Would’ve Gone Higher!”

“Highest & Best,” Defined One of the more anguished ” and fruitless ” laments uttered by Buyers who just heard they lost in multiple offers is:  “But, I would’ve gone higher!” Then, they should have. The way “highest & best” works is . . . pretty much how you’d think. One round, highest and best...
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What Leadership in a Pandemic Looks Like

Profile in Courage Competence When the virus hit, neither Mr. Trump nor the federal government were technically in charge. Most of the decisive constitutional powers ” closing schools or ordering people to stay home ” lay with U.S. governors and mayors. But the President immediately assumed a leading role, coordinating regular exchanges between the governors,...
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