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Dear Monty: Is it wise to waive a home inspection? We recently bought a home, and we agreed to waive a home inspection. There were multiple offers on the house. Our agent suggested a competitive advantage by waiving the home…
Continue readingDear Monty: Zillow has announced they will no longer participate as an iBuyer due to heavy losses. What affect do you think Zillow’s departure will have on the overall iBuyer concept? Monty’s Answer: Will iBuyers survive after Zillow is unknown….
Continue readingA debate rages today in real estate’s inner circles. Agents are wondering if they can withstand the competitive pressures to take market share away from them. Will they be able to make a living with all the for-sale-by-owners and cut-rate companies. Will the industry survive? This writer opins that the answer is no, and the transition began years ago.
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The most powerful document Without question the offer to purchase is the most powerful document you will be asked to sign in a real estate transaction. In many respects, the physical closing at the title company is simply a confirmation…
Continue readingReader Question: Our friends are homebuyers devastated. Their lender pulled the plug just before closing. We are in the process of closing on our first home purchase. We are excited but at the same time very edgy. Our friends were…
Continue readingReader Question: You have written numerous articles over time about the problems with home inspections. We are near our savings goal and preparing to buy a home. What is your current opinion of home inspections? Monty’s Answer: Home inspection…
Continue readingReader Question: We looked at an open house a couple of days ago. A completed home inspection concluded there were no defects or material adverse facts in the house. It also contained a list of items that required attention that…
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