1. I recently sold my home. The buyer is now coming back saying I lied on the condition report and wants me to pay to fix a problem. Am I responsible for the fix?

    Reader Question: I blacktopped my driveway and turnaround area to my garage. My house was for sale, and several people objected to the gravel drive. The house went under contract as soon as the work was completed. It looked great, and the buyers loved it. No issues. A month after closing the new owners contacted […]

    September 2, 2019
  2. My real estate taxes doubled. Is this legal?

      Reader Question: My real estate taxes went up over 100% this year. Is it legal to raise taxes so high in one year? Monty’s Answer: For real estate taxes to double in one year would be extremely rare. One has to wonder if any community in the United States has ever experienced such a […]

    August 12, 2019
  3. My name is not on the deed of our home. My spouse put the house up for sale after 22 years. Am I entitled to half the profits of the deal?

    Reader Question: My name is not on the deed of our home. My spouse put the house up for sale after 22 years. Am I entitled to half the profits of the deal? Monty’s Answer: Ten states embrace marital property law. During a marriage in these states, all assets and debts acquired are “community property.” […]

    July 29, 2019
  4. We remodeled our home some years ago without a permit. We want to sell now and the question is on the condition report. How should we deal with it?

    Reader Question: Back in 2001-2002, we remodeled our home without a permit. We didn’t know it was required. Now we want to sell, and the question is on the seller condition report. Is there any way to overcome that issue now? Monty’s Answer: Permits can be a challenge for several reasons; ordinances change over time, […]

    July 14, 2019
  5. Who invests in commercial real estate in the US?

    Reader Question: I am researching commercial real estate. Who invests in commercial real estate in the US? Monty’s Answer: The definition of commercial real estate is buildings owned by an investor or investors to generate income from rent. According to the National Association of Real Estate Investment Trusts (NAREIT), the total size of the commercial […]

    February 17, 2019