Reader Question: We own a small, well cared for, older home in a moderate neighborhood in a small midwestern city of about 30,000. We are one block off off of a feeder street near downtown that has both similar single-family homes plus a few apartments and small medical offices. The zoning allows for a medical […]
Reader Question: I live in a two-family house that my sister and I inherited. It was free and clear of a mortgage. My sister wanted out for her half of the value, so I took a mortgage on the house to pay her. At the time, I was unable to take out the mortgage in […]
Reader Question: We are preparing to place our home for sale in the spring market. As we interview real estate agents, they differ on who pays the real estate commission in the transaction. This difference is curious to us. How would you answer the question? Monty’s Answer: Who pays the real estate commission is an […]
Reader Question: Must a home be listed in the MLS to be for sale? What, if any, legal issues would be caused by offering on a home that’s off the MLS but was on it recently? Should the seller’s agent re-list it before one makes an offer? Monty’s Answer: Any seller is free to sell […]