Home Buying

Gathering Information

Where to even start? In the information age that we live in, your options for real estate research and learning can be a bit overwhelming. There are many great resources and communities to connect with other home buyers and sellers to find the answers to questions big and small. This website and newspaper column would like to consider ourselves one of them. Trusting your sources can be half the difficulty, however, so a big part of the real estate buying or selling process can be finding people and sources of information that you trust.

As important as buying a home can be, it is important to gather information from as many different sources as you can. But often the best source can be the home seller and agent themselves. Real estate deals have many layers, but often times open communication is the best recipe for a successful real estate transaction.

What is the definition of real estate? How does it work? It may be helpful to you to have a good foundation. Click here to learn the details.

Let’s look at some specific questions sent in by DearMonty readers from across the country. Read more Q&A articles about the “Gathering Information” stage of the Home Buying process:

  1. Should we own a home, or not?

    Reader Question: Should we own a home, or not? We have been married for six years. We have rented till now and have saved enough for a twenty-percent down payment with a tidy reserve. A variety of concerns make us wonder if we should buy a home. The economy appears to be doing well, but underfunded […]

    March 10, 2019
  2. What is a housing cooperative?

    Readers Question: What is a housing cooperative? Monty’s Answer: When researching for a housing cooperative here are five tips. A housing cooperative is a form of ownership that creates an interest in an abode through stock ownership in a company, as opposed to a deed to a parcel of real estate. It could also be […]

    March 4, 2019
  3. Are there country-wide real estate agents?

    Reader Question: My wife and I are getting closer to retirement, and we can go anywhere we want in the USA. We want to find the right lake or mountain home. I am looking for a single agent/source to help us find what we want anywhere in the USA. I am discovering that real estate […]

    February 22, 2019
  4. 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
  5. I am considering investing in real estate. Can you explain how people avoid taxes just by owning property?

      Reader Question: I am considering investing in real estate. Can you explain how people avoid taxes just by owning property? Monty’s Answer: Real estate investors do not invest in real estate to avoid taxes. They invest in real estate to build wealth. Appreciation, income, and depreciation create wealth in real estate. Depreciation is also […]

    October 16, 2018
  6. We found a home we are very interested in buying. We hear a lot of different opinions about how to check out the neighborhood. Do you have a due-diligence checklist?

    Reader Question: We found a home we are very interested in buying. We hear a lot of different opinions about how to check out the neighborhood. Do you have a neighborhood due diligence checklist? Monty’s Answer: Consider a conversation over a checklist. The reason you hear so many opinions is that people’s circumstances and life […]

    June 4, 2018
  7. We are moving to a new community. Our friends made such a move, and had an unhappy ending. What can we do to prevent a similar mistake?

      Reader Question: We want to be avoiding emotional relocation turmoil. A job-related move to a new community is in our near future. We have friends that made such a move, and with some bad advice they ended up in a marginal neighborhood. What can we do to prevent a similar mistake? Monty’s Answer: There are […]

    October 29, 2017