1. Can the seller reduce the listed price below an accepted offer when the buyer counter-offered on the inspection contingency?

    Reader Question: We have a failed negotiation. A buyer has an accepted offer on a home, and a home inspection has revealed several items that are defects. The buyer’s attorney delivered a letter to the seller’s attorney stating that all work discovered in the inspection has to be completed by the seller. The seller has not […]

    September 19, 2017
  2. We just received a low-ball offer for $245,000. We are very disappointed and stunned with the offer. How should we deal with this situation?

    Reader Question: Our home is for sale for $284,900. It has been for sale for two months. We just received a low-ball offer for $245,000. We are very disappointed and stunned with the offer. We feel like telling them to get lost. How should we deal with this situation? Monty’s Answer: The offer is about […]

    March 12, 2017
  3. I want to give buyers permission to move in my home before closing. What do I have to do to be legal?

      Reader Question: Pre-closing occupancy is okay with me. I am selling my home myself. The buyer wants to move furniture in before closing? I want to do it legally. Help! Thanks, Mary T. Monty’s Answer: Your question is one of the thorniest situations in real estate transactions. The potential of alienating the buyer by saying […]

    September 14, 2015
  4. How to protect your home equity in a divorce

      Reader Question: I am separated from my husband. Instead of selling the house he wants to buy me out. He is a Realtor and wants me to pay 3% commission to him for this transaction. Is this legal? Rachel D. Monty’s Answer: Hello Rachel, and thanks for your question. The simple answer is that it is legal […]

    September 10, 2013
  5. “Madder than a wet hen”

    Reader Question: A husband came into my Realtor’s office and asked to see my condo. He signed a contract for my condo in Florida, without his wife seeing the property. Although the wife had nothing to do with finding the listing or seeing the property, on the contract, he added that he wants his wife […]

    July 30, 2013
  6. My employer has created family uncertainty asking us to move across the country. We have never done this before. What is your advice?

    When you have been transferred, seek out the person that administers your relocation benefit immediately on notification of the new assignment. Do not depend on the water cooler talk with other employees as it may result in misunderstandings or miscommunications. The water cooler is not aware of a variety of internal and external communications that […]

    November 17, 2011
  7. negotiating for home sellers is important to understand

    Negotiating for home sellers is an important key So many times ego, misinformation or just downright stubbornness costs a sale unnecessarily. In most cases, one or both of the parties were not willing to consider the concern or objection of the other party. Many critical concerns will be  discussed and decided upon during the real […]

    August 30, 2011