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Q: We had water in our basement once 10 years ago, but repaired the problem and it has not happened since. Our basement is dry. We are selling our home, do we have to tell the new owner about the one time we had water?


By Roxanne Johnson

Fri, May 11th, 2012
Posted in All Ask the Expert

RE/MAX Select Properties

888-839-2142 • roxanne@harmonytel.netwww.remax-selectproperties.com

A:
First and foremost all Sellers are required Under Minnesota Law Statues 513.52 through 513.6 to satisfy the disclosure requirement for residential property. Sellers are obligated to disclose to prospective Buyers all material facts of which the Sellers are aware that could adversely and significantly affect an ordinary Buyer’s use or enjoyment of the property and any intended use of the property that the Seller is aware of.

 The question is “have the conditions previously or currently exists”, the answer is yes.

 When a Seller completes a Disclosure of Condition, you should disclose what you know, even if it was just once. State what happened and what action was taken to address the issue. This will help the new owner understand, care, and maintain the property and alert them to items that may need extra attention.

 Buyers feel more comfortable with properties that have disclosures with helpful information on the forms.

 Sellers may elect to waive the detailed disclosure and complete a Sellers Alternative Disclosure Statement. This is usually when the representative has not lived in the property and knowledge is limited. The property may be sold “AS IS” upon closing. However, the representative or seller is still obligated to disclose material facts they have knowledge of. IF in doubt disclose and consult your realtor .

Q: I am designing my own tourism/marketing brochure. Are there any basic guidelines to follow?

By Dan Bader

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Perfect Glossy • www.perfectglossy.com • 507-398-9115 A: Have you given the potential visitor a reason to pick up the brochure? Can the potential visitor clearly identify the target mar ..... 
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Q: My engine used oil. I’m always adding oil so why should I every change it?

By Steve Majerus

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Brown Tire, Battery & Transmission • 507-864-2969 A: You should still change your oil and filter periodically to get rid of contaminants and sludge that build up in the crankcase. Just because your engine uses oil doesn’t mean the oil that’s i ..... 
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Q: Can spaying or neutering really help prevent cancer in my pet?

By Dr. Linda Sifford

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Root River Veterinary Center • www.rootrivervetcenter.com • 507-765-2117 A: Yes! Spaying and neutering your cat or dog totally eliminates the chance of developing ovarian, uterine, ..... 
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Make a statement in your yard with a new and attractive landscape.

By Peggi J. Redalen

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Elements of Design • 507-864-7885 The front entry is the first impression you make, so make it count. This is a prime location to splurge on attractive improvements and add to your home's value. Old, overgrown plantings that block views of the fro ..... 
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Q: What is succession planning?

By Scott Springer

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Springer & Gumbel, P.A. 507-765-3600 • www.scottspringerlaw.com A: Succession planning for a business is the process used to identify the who’s and how’s of continuing your bu ..... 
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Q: I am thinking of buying a home and wondering what steps should I take first?

By Roxanne Johnson

Wed, Apr 11th, 2012
Posted in All Ask the Expert

RE/MAX Select Properties 888-839-2142 • roxanne@harmonytel.netwww.remax-selectproperties.com A: The decision to purchase a h ..... 
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SUV Shortage

By Scott Brunsvold

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Brunsvold Enterprises • 507-765-3642 Lately I have had a lot of people ask me why I don’t have many SUVs on the lot anymore. Well the answer is easy. Remember back in 2008 when gas reached $4.00 a gallon for the first time? At that time it was ..... 
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Q: Can I have a visitation and viewing if I choose cremation?

By Gary Hoff

Wed, Apr 11th, 2012
Posted in All Ask the Expert

Hoff Funeral & Cremation Service • www.hofffuneral.com A:     The ways that individuals choose to plan their funeral have changed so much in recent years. People oft ..... 
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