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Reader Question: Hi, I’m trying to buy a piece of land from a private owner. Apparently he got the property at auction several years ago. My title company found an unsatisfied mortgage from 27 years ago. It seems that the…
Continue readingReader Question: Monty, I found a home I loved, but it was under contract. The market seems more competitive, but I have a decent real estate agent. Because the market seems tougher, I wonder how to get into the foreclosure…
Continue readingReader Question: Monty, I read your 10 Myths article. Do you have a list of top 10 tips for homebuyers? Mason T. – Nashville, TN Monty’s Answer: Hello Mason, that is a good question. Here is a Top 10 list…
Continue readingReader Question: Monty, we have a family member whose home is underwater. They owe $114,000 on the mortgage with a monthly PITI payment of $890.00. They paid $119,000 for it. Here, is the problem. They are divorcing, and his wife has…
Continue readingReader Question: Does the possibility of a lower price of a trustee sale out weigh the risks of a unusually quick decision without the normal due diligence process? – Rich V. Phoenix, AZ Monty’s Answer: Hello Rich, thanks for asking…
Continue readingReader Question: Dear Monty, you write a lot about the myths and misinformation in real estate. Do you have a “Top 10 real estate myths” kind of thing for that stuff? – Jason S. Chicago, ILL Monty’s Answer: Hello Jason,…
Continue readingKnowing how real estate works Real estate defined in law is an “immovable object” with a legal description that defines its space and place in our geography. A Registered Land Surveyor is a person with specialized knowledge on measuring and…
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