1. We made an offer on a home. The listing agent is asking for an extension to give them time to speak with our lender. Is this ethical?

      Reader Question: We recently submitted an offer on a home. The seller’s agent wanted a forty-eight-hour extension to allow the seller’s agent time to discuss our loan with our loan officer before extending a counter offer. Even though we have our pre-qualification letter for the specified amount. Is this common? Our agent assures us […]

    June 30, 2015
  2. Where is a good place to make a real estate investment with all the shadow inventory?

    Reader Question: Where is one to invest in this market inclusive of the banks shadow inventory. A good example is Clarksville Tn. which appears to be an excellent opportunity, however if you consider Housing and Urban Development (HUD) unoccupied housing information, it paints a very different picture. Monty’s Answer: Unoccupied housing is a serious problem […]

    June 8, 2015