1. Is 2021 a good time to sell our home?

      Reader Question: Is 2021 a good time to sell our home? We are in our late fifties. Our kids are grown and on their own. Our health is good, and we have no mortgage. We are thinking of downsizing into a smaller home in a newer subdivision not far from our current home. There […]

    March 1, 2021
  2. The inspection contingency has a right-to-cure clause. We have two options to offer the seller but not sure which one to choose.

    Reader Question: We are making an offer on a home. The inspection contingency has a right-to-cure clause where we give the Seller the right-to-cure any defects found or deny the Seller the right to cure. We asked the agent for advice and were told, “It’s up to you.” How would you answer? Monty’s Answer:  If […]

    February 21, 2021
  3. Why are there still poor real estate appraisals?

      Reader Question: Today, we have fantastic technology. We have companies using algorithms that evaluate homes without even walking through the house. Yet we still have poor real estate appraisers. I want to refinance my home with the low-interest rates. I am working with one of the big players that lend across the country. I […]

    November 9, 2020
  4. Who should have caught this condition problem?

      Reader Question: I bought a house a year ago with some permitted room additions. However, the flipper replaced the electrical box from 100 amp to 200 amp non-permitted. This work was not disclosed to me or caught in the homeowner’s inspection. So now, I have been experiencing electrical issues at my house. The utility […]

    October 26, 2020
  5. What's wrong with the real estate industry

    Reader Question: What’s wrong with the real estate industry? We have a large family by today’s standards—five grown children with children. At a recent family reunion, we discussed real estate and ended up taking a poll. Transaction number ten started the conversation. Together they have concluded nine transactions, with number ten now pending. Only one […]

    October 12, 2020
  6. What time límit to respond is best on my offer as a buyer?

    Our reader this week asks about a deadline for receiving an answer to an offer to purchase a home. It is a simple question but leads to the realization that potentially there are many deadlines to follow. This instant is where planning is required up-front to avoid a stressful and frustration filled experience. The expression “the devil’s in the details” may have originated in a real estate transaction.

    June 15, 2020