Entrepreneurs and those with expanding businesses often sign leases for operating space. If they have previously rented a home, they may take for granted that the commercial lease largely mirrors a residential lease. Commercial leases tend to be far more complex than...
Real Estate
What Minnesota buyers should know about title searches
You found a home you love, the seller accepted your offer and now the closing process begins. Before the keys change hands, one step can decide whether the deal moves forward: the title search. If a problem appears in the property’s history, such as an unpaid lien, a...
The main risk when bidding aggressively on a house
Navigating the real estate market can be difficult. Buyers might view multiple properties that don't suit their needs before they find a single home that does. They may quickly realize that they are not the only ones interested in that property. Buyers hoping to stand...
Why are real estate purchase contingencies important?
People who want to purchase a home are likely making the most expensive purchase of their lifetime. It’s critical that you understand all the ways you can protect yourself if you’re ready to purchase a home. One of the first protections you can seek is through...
2 common types of contingency clauses
For many people, buying a new home is the most significant purchase they will ever make. Even for a relatively small house, the cost can be well over $100,000. All monetary purchases are government by contract law, and real estate transitions are no exception....
Look out for defects when purchasing a new home
You’ve finally saved up enough for a down payment and have a provisional acceptance for a mortgage. Now, all that’s left to do is find your perfect home. After a month or two, you’ve found a place that seems to tick all the boxes. It’s a great size, with plenty of...
3 ways to protect yourself when trying to buy a home
Buying a house is exciting but also a bit risky. Mistakes could cost you tens of thousands of dollars or leave you living somewhere that doesn't really meet your needs. There are ways to protect yourself during the process of hunting for a new home. While protecting...
What are boundary disputes?
Neighbors in Minnesota frequently manage to get along without issue. Some opt to become friends, while others choose to keep to themselves. Unfortunately, there are occasions where neighbors simply cannot get along. The reasons for this can vary, but they often...
2 ways to avoid the buyer remorse so common with high home prices
Over the last several years, it has become increasingly difficult to buy a home. Demand has continued to increase as more Millennials reach career and family goals that make homeownership valuable to them. However, supply is incredibly limited and often overpriced. ...
Real estate contract errors you should avoid
Minnesota has a lot of real estate that changes hands each year. When you're considering buying a new property, you'll need a real estate contract. When constructing that contract, be sure to avoid these common contract errors. Not filling in all the blanks When you...

