Q&A ARTICLES

BUYING
SELLING

Q & A Posts

  1. We are dealing with a municipality issue. We have a big problem with a new fire code. Do you have any advice for us?

    Reader Question: We are dealing with a municipality issue. We have a big problem with a new fire code dictating new elevations and width measurements of the easement road which currently services eight homes. Our real estate agent discovered it answering a prospect’s question about fire codes. We requested a variance in this provision in a […]

    January 16, 2019
  2. Are real estate appraisals flawed?

      Reader Question: ​Why do​ appraisals use comparative analysis as a means for valuing a home? This approach is flawed as most of the time they do not take into consideration the upgrades one has made in their home, plus the layout of the yard and landscaping that enhances one’s home. Why don’t they use […]

    December 10, 2018
  3. Our home is not selling and it has been over two months. We are frustrated and we feel like giving up. Should we take it off the market?

    Reader Question: We want to sell our house to move closer to our families. Our home was listed two months ago. We interviewed multiple agents, and all agreed the house would sell fast because of the price range and the excellent neighborhood. We set the price toward the low end to sell quickly. Several people […]

    December 3, 2018
  4. Is Our House A Lemon?

    Reader Question: Is Our House A Lemon? We bought our home about six months ago. The house seemed perfect. It is very well-kept, and it came through the home inspection with flying colors. We have met some friendly neighbors, and we love living here. That said, we have experienced some expensive issues; the water heater […]

    November 5, 2018
  5. We bought a one-hundred plus year-old home and discovered a foundation problem after moving in. Do we have recourse?

    Reader Question: We bought a one-hundred plus year-old home. Tenants occupied it at the time of purchase, and we couldn’t move in for three months. It is our first house. It has a stone wall foundation and wooden beams supported by screw jacks. An addition has a concrete block foundation. The home inspection called for […]

    October 22, 2018
  6. 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