Real Estate Radio Hour Real Estate Radio Hour

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What's Happening in the market?

Minnesota Bill would limit ownership of single-family rentals
https://finance-commerce.com/2024/03/...

How to Break Up with Realtor from 1st house purchase

Do I have to disclose a sex offender next door to the property I'm selling by owner?
I have a house that I purchased to flip and I didn't do my due diligence deep enough apparently, and a registered sex offender lives next door in a rent-to-own home. I am now finished with the home and ready to advertise. When I show people the home, should I disclose this info? I feel like I should, but I'm getting mixed reviews from friends and family members. I'm afraid the prospective buyer could come back and sue me down the road once they find out.

I just learned that my real estate agent is cousins with the seller. What do I do?

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Minnesota Luxury Home Spotlight:
https://www.zillow.com/homedetails/17...

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The boys are in for another studio session!

Going over the spring parade of homes & talking about if LOVE LETTERS are working or not.

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In Studio Episode!

Realtors and getting old... how have we handled it?

Difference between North & South Metro Real Estate Markets

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Jeffrey Zweifel (30 Min-45 Min)
- Real Estate Property Law

What's Happening In The Market?

New Construction Spotlight:
https://www.zillow.com/homedetails/11...

Home Owners Association denied Buyer on closing day: "not a good fit"
What's Happening In The Market?

New Construction Spotlight:
https://www.zillow.com/homedetails/11...

Home Owners Association denied Buyer on closing day: "not a good fit"

On the anticipated day of closing (after multiple extensions due to waiting on approval process for over 30 days), the Zoom interview (last step in approval process) was scheduled. The following day the association sends a denial letter. The only reason provided was the Buyer was "not a good fit." We're all in utter shock and disbelief. The Buyer has excellent credit, clean background and stable long term employment. There was absolutely no reason for the Buyer to be denied. The Buyer met and exceeds all of the requirements set forth in the governing docs and approval requirements. My suspicion is that the board does not want anyone who they think may be problematic or disagree with their actions in the future. During the interview the board member told the buyer about the board's intentions to increase HOA fees in the future. The Buyer naturally asked questions. The board has completely disregarded their own governing documents and approval requirements, yet there seems to be nothing we can do at this time other than request a reversal, which we've done. We've still not gotten a response nor an explanation. We've reached out to the association attorneys and they have not been able to provide a reason or response. The board members were not even all present during the interview. I believe only 1 was. These boards are getting out of control. Has anyone else dealt with something like this? The worst part is how does the Seller find another Buyer if this can happen again?

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