Reader Question: Monty, we have put offers on five houses and have had no luck. Our agent says that people are buying them for cash and more money than we offered, yet she says she cannot tell us what to do or what to offer. All she does is show us the houses and fills […]

Reader Question: In general, what kind of pricing schedule do banks use for foreclosure properties (as far as a discount rate per every 15, 30, 60, 90 days etc…? I know that the bank is willing to take less for a property the longer a foreclosure sits on the market, however, in general what is […]

Reader Question: Monty, there is a short sale house I am interested in. They are not accepting bids until April 6. Why? And is there any way to circumvent the process to get your offer considered ahead of time?  – Annette M.  Glendale, AZ Monty’s Answer: Hello Annette. There is a multitude of potential reasons they may […]