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There are two sides of every real estate transaction, buying and selling. Learn both.

What exactly is “Real Estate”? In legal terms, real estate is an “immovable object”. Real estate is defined by a legal description that identifies its space and place in the geography. The Registered Land Surveyor is a person with specialized knowledge on measuring and documenting land parcels according to the law. As the United States has grown, most every parcel of the land was surveyed and spatially identified before becoming legally approved for ownership under the law. The land records are open and available for all to see.

Everyone who has bought or sold a home can remember that one moment when it seemed like there was too much to consider, worry about, remember, and respond to. It’s true that the purchasing of a home is a significant investment and you probably should give it time and attention. Equally as important for those looking to sell your home, you want to everything within your educated power to get the most fair value out of what is probably your largest asset. To help make the process more reasonable, DearMonty organizes both the home buying and home selling experience into twelve distinct steps, or stages.

 

 

The best thing that you can do is to equip yourself with knowledge and information. A home sale transaction is a big deal! This website is intended to be a straightforward resource to help shine some light on one of the most important times in many people’s lives. But we are just one voice of many and we at DearMonty.com strongly support learning as much as you. Good luck and let us know if you have a question you couldn’t find answered LINK or if we can help you find a local agent LINK

BUYING
SELLING

Q & A Posts

  1. I recently sold my home. The buyer is now coming back saying I lied on the condition report and wants me to pay to fix a problem. Am I responsible for the fix?

    Reader Question: I blacktopped my driveway and turnaround area to my garage. My house was for sale, and several people objected to the gravel drive. The house went under contract as soon as the work was completed. It looked great, and the buyers loved it. No issues. A month after closing the new owners contacted […]

    September 2, 2019
  2. My real estate taxes doubled. Is this legal?

      Reader Question: My real estate taxes went up over 100% this year. Is it legal to raise taxes so high in one year? Monty’s Answer: For real estate taxes to double in one year would be extremely rare. One has to wonder if any community in the United States has ever experienced such a […]

    August 12, 2019
  3. My name is not on the deed of our home. My spouse put the house up for sale after 22 years. Am I entitled to half the profits of the deal?

    Reader Question: My name is not on the deed of our home. My spouse put the house up for sale after 22 years. Am I entitled to half the profits of the deal? Monty’s Answer: Ten states embrace marital property law. During a marriage in these states, all assets and debts acquired are “community property.” […]

    July 29, 2019
  4. We remodeled our home some years ago without a permit. We want to sell now and the question is on the condition report. How should we deal with it?

    Reader Question: Back in 2001-2002, we remodeled our home without a permit. We didn’t know it was required. Now we want to sell, and the question is on the seller condition report. Is there any way to overcome that issue now? Monty’s Answer: Permits can be a challenge for several reasons; ordinances change over time, […]

    July 14, 2019