Q&A ARTICLES

BUYING
SELLING

Q & A Posts

  1. I want to make an offer on a brand new house I found. Should I hire a real estate agent?

    Negotiating a new home purchase is very similar to buying a pre-owned home. There are differences. Most new-home buyers don’t think to have the home inspected by a home inspector, because the municipal building inspector has to sign off. That inspection is for code compliance. Builders, or their subcontractors make mistakes that have nothing to do with code compliance.

    November 26, 2017
  2. Should we offer over list price?

    Reader Question: We have been combing the market for several months, but nothing has hit on all cylinders until a new house came up yesterday and it has everything we need and more. It’s pushing our price limit at an asking price of 449k. We met our agent to see it this morning, and it […]

    November 20, 2017
  3. 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
  4. Is a full-time house sitter a good idea?

    Reader Question: We have a chance to take a six-month trip to Australia. We have always cared for our home ourselves. We have several pets, yard work, maintenance items and other responsibilities. Is a full-time house sitter a good idea? Monty’s Answer: The internet has allowed the advance of this business model which has fueled […]

    September 25, 2017
  5. 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
  6. How to pick the best real estate agent from three finalists?

    Reader Question: We want to pick the best real estate agent from three finalists. Each agent chose three different comparables, and there is a thirty percent difference between the best price and lowest price when including all nine comparables. This difference equates to over $60,000. How do we know which estimate is the most accurate comparison […]

    September 5, 2017