Two-Part Test [Note to Readers: Seller liability for ice dams and other home issues is case-specific, and affected by local and state law. For legal advice, please contact an attorney.] At least in Minnesota, there is a two-pronged legal standard for Buyers to recover from Sellers for damage caused by an ice dam (or any...Read More
“Highest & Best,” Defined [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.] One of the more anguished — and fruitless — laments uttered by Buyers who just found...Read More
Elevated Radon . . . at Least till This Weekend’s Warm-up [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Unfortunately, the line “It was so cold in the Twin...Read More
Mind Over Matter Weather While rain is forecast for Super Bowl 55 in Tampa Bay this Sunday, the high temp is still expected to be close to 70 degrees. In the Twin Cities? Not so much (literally). In fact, the warmest it’s expected to reach locally the next ten days is 5 degrees, with...Read More
“The More Things Change” Department Once upon a time, when I started selling real estate in 2002, the worksheet that Buyers and Sellers signed at closing was simply known as . . . “the settlement statement” (or just the closing worksheet, to avoid any jargon). Then it became the “HUD-1” (HUD stands for “Housing and Urban...Read More
When Lightning (the good kind) Strikes Does love at first sight happen in real estate? Absolutely. However, I’d say it occurs less than 10% of the time. When it does, though, you know it: like lightning striking, the Buyer ” or Buyers, if it’s a couple ” immediately have a changed look in their...Read More
