Tag

waive inspection

Anticipating Multiple Offers? Have Your Home Pre-Inspected

Going From a Royal Carriage Back to a Pumpkin [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 knows the...
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Psst! How the Home Buyer Can (Usually) Get the Extra Freezer in the Basement for Free

Cost to Move > Fair Market Value Once the Buyer and Seller have resolved any inspection issues — that is, assuming Buyer hasn’t waived their inspection, to prevail in multiple offers — it’s common for the two parties to discuss any personal property that the homeowner may want to sell. Like many negotiations, the party...
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Can You Say, “Feeding Frenzy?”

Bloomington Rambler Gets 56(!) Offers, Sells for 25% Over Asking Price If you’ve never been in multiple offers, here’s a quick shorthand: 2-3 is stressful; 6-8 is a three-ring circus; and more than a dozen is a proverbial zoo. So, I literally don’t know what to call what just happened at 800 E. 86th Street,...
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Why Sellers Anticipating Multiple Offers Are Smart to Have Their Home Pre-Inspected

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...
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True or False: Home Buyers Purchasing “As Is” Usually Skip the Inspection

“As Is” â‰… “Pass/Fail” [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.] It seems obvious: if the Seller isn’t going to correct anything — the definition of “As Is” —...
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How Buyers in Multiples Can Make Their Offer Stand Out (Besides Price)

Multiple Offer Photo Finish If you’re a home seller trying to decide among four virtually identical offers for your home (Yay!!), which one do you choose? At least for one recent Twin Cities seller, the tiebreaker was the Inspection Contingency. Specifically, one of the four offers included a $500 cap on any inspection requests. Painless...
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