Category
Reader Question: Can I ask my real estate agent for a list of the people who have inspected my home? Nan D. Monty’s Answer: Hello Nan, and thanks for your question. The answer is that you can ask your agent…
Continue readingReader Question: My husband and I own a small business on a commercially zoned street in a city with about 100,000 people. We are thinking of selling the business and property. Could you recommend an appraiser here? The building is…
Continue readingMonty’s Answer: Hello John, and thanks for the questions. A “bill of sale” is not the correct instrument. A deed that describes the property to be conveyed is the correct document. The survey the neighbor ordered will contain the necessary…
Continue readingReader Question: Is it proper in valuing residential real estate to adjust the comparable sales value by the “cost” of amenities not present in the comparison properties (i.e. an outbuilding-indoor riding arena)? Fran D. Monty’s Answer: Hello Fran, thanks for…
Continue readingReader Question: My parents have rental properties and are thinking of selling them off to fund retirement. How would you go about evaluating investment property? We know what the house appraised for, but do you somehow figure in the income the…
Continue readingReader Question: My agent wants me to lower my price. The home has been on the market for less than a month for $349,900. She wants it to be $339,900. I cannot go any lower because I have a mortgage…
Continue readingReader Question: I have 39.75 acres off I-40. What is it worth? Mike Monty’s Answer: Hello Mike. I cannot answer the question without walking the land. I-40 is a 2,559 miles long highway. It goes through 8 states; from large…
Continue reading
Join our mailing list to receive the latest news and updates from our team.
