The Easy Way . . . and the Hard Way The Buyer’s inspection revealed a material defect in the home that the Seller doesn’t dispute. Both parties want to stay in the deal. What are their options? Option #1: the Seller fixes the problem, prior to closing. Here are the related steps: One. Buyer and...Read More
Reading Between the (MLS) Lines [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.] Test your knowledge of today’s housing market, and answer the following question: How can Buyers’...Read More
Minimizing the Risk of Going Back to Square One (or Worse) [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.] Any Realtor who’s represented a Seller in multiple offers...Read More
Three Explanations for Sinking Soil (Two Good, One Bad) Good home inspectors don’t just check out the interior of a home. They also check the home’s exterior, and even the yard for clues that something “just isn’t right.” That includes getting to the bottom (sorry) of a conspicuous depression in the yard — back or...Read More
Five-Step Checklist One of the last steps before closing ” in fact, sometimes done on the way to closing* ” is the Buyer’s walk-thru. To my mind, at least, the Buyer’s walk-thru has these five goals: One. Determine that there’s been no change in the home’s condition since the Inspection Contingency was removed. What can...Read More
Two-Part Test [Editor’s Note: 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 post-closing...Read More
