Tag

yellow flag

Pros and Cons of a Small Homeowners Association

Safety in Numbers vs. Tyranny of the Majority Who wouldn’t prefer a smaller condo or co-op building, where the scale is manageable, and it’s possible to actually know one’s neighbors? As desirable as that may be, would-be Buyers (and their agents) should be aware of three issues that can be more challenging for a small...
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Is the Listing Agent Paying Attention? Here’s a Yellow Flag (Five, Actually)

Real Estate’s Equivalent of the Mattress Tag Want a, umm . . . sign that the listing agent (representing the Seller) isn’t exactly paying close attention? Or, at the very least, isn’t a stickler for detail. It’s when all those yellow flags marking utilities in the front lawn stay put, week after week (month after month?). When...
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Pleasures & Potential Pitfalls of a Small Homeowners Association

Safety in Numbers vs. Tyranny of the Majority Who wouldn’t prefer a smaller condo or co-op building, where the scale in manageable and it’s possible to actually know one’s neighbors? As desirable as that may be, would-be Buyers (and their agents) should be aware of three issues that can be more challenging for a small...
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The Case of the Unmatched Floor Tiles: Red Flag or Innocent Explanation?

Going through a 1940’s Lake Nokomis home this week, my Buyer spotted something upstairs that raised her (and then my) eyebrows:  the floor tiles didn’t match in a couple of places. Especially if the home has an older roof, that can be a sign of previous leaking directly above the affected areas. In this case,...
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Caveat Emptor — Builders

“Two Strikes and You’re Out” I just heard through the grapevine that a certain Twin Cities builder is now working with their third Realtor in four years (note:  builders sometimes engage Realtors — occasionally on an exclusive basis — to rep their new homes). I’ve worked with both previous Realtors on past deals, and found...
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