Month: August 2016
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The best way to sell a church property
Reader Question: We want to sell a church. I am a member of an aging church group on the east coast with a declining number of active families and participants. The absence of new young families in our faith moving into the area and the passing of fellow congregants have taken a toll. From about 400…
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Are online reviews of real estate agents credible?
Reader Question: We will be selling our home and casually checking out real estate agents. One of our observations is that some agents seem to have many online reviews while others have very few or none. How important are these recommendations and why don’t all agents use them? Jason D. Monty’s Answer: Positive reviews from…
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Ten pros and cons of a reverse mortgage
Reader Question: Reverse mortgages, good or bad. What to look for and avoid. I’m 81; it’s our primary residence, no mortgage – free and clear. We have a $1,000,000 second home that will go to our kids who all are well off. We just want to use some of our equity for travel. Your thoughts?…
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A ” right of first refusal ” threatens a million-dollar sale
Reader Question: I am in negotiations to sell off a portion of my property. The buyer is simultaneously asking for a right of first refusal on a contiguous parcel. The wording in the right of first refusal clause the agent drafted in the offer is one short sentence and leaves many unanswered questions. My attorney…