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Reader Question: Monty, we have good jobs and our employment appears solid, so we want to buy a home. This may seem like a silly question to you, but here it is: How does real estate work? We have read…
Continue readingReader Question: Monty, we want to make an offer on a house. Our agent wrote up a contract with a financing contingency that says “subject to buyer obtaining financing.” We are wondering if that wording is enough. We asked,…
Continue readingReader Question: We found a home we want to make an offer on and our agent wants us to use a home inspector that is on their “team.” The agent believes the “team inspector” is the only good inspector in…
Continue readingReader Question: If you make a full price offer on a property, can the seller come back with six thousand dollars more than the listing? Isn’t a listing a good faith agreement to sell for that price? Mike C. Monty’s…
Continue readingReader Question: We just sold our home after struggling in the market. We never realized when we bought the house we had a built-in “objection” (food plant a couple of blocks away discharged an odor). We will buy another home…
Continue readingReader Question: Monty, we are considering the co-op style of living. What are you and other folks saying about the way that this works regarding the buy-in and the monthly costs? Monty’s Answer: Hello Mike, and thanks for your question. Here…
Continue readingReader Question: Monty, our current home, valued at $700,000+ has no mortgage, and we plan to purchase a replacement home for $650,000 or less. Because we are retired and our income is only $72,000, we do not qualify for a…
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