Savvy Home Buyer Multiple Choice [Editor’s Note: 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’ agents...Read More
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: Buyer and Seller...Read More
Potential Buyer Inspection Issue [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.] While the Twin Cities is already on its 3rd (5th?) blast of arctic air this season, there’s been precious little snow (in fact, the...Read More
Buyer’s Inspection Timetable: From “5-2-1” to “10 Days” I don’t know about jury verdicts, but as a listing agent representing Sellers, hearing from the Buyer’s agent immediately after the home inspection is almost invariably bad. The usual explanation: the inspection turned up one or more deal breakers, and the Buyer is canceling. That said, waiting too...Read More
“Do Not Pass Go. Do Not Collect $200” [Editor’s Note: 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.] Consider this not-so-hypothetical inspection scenario, and try to guess the outcome: “The licensed...Read More
Seller’s Market Side Effects [Editor’s Note: 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.] In addition to the rationale I presented in “Proliferating Home Inspection Tests – Part One,” fellow Edina...Read More
