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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. Is there any way to use real estate equity to fund a startup?

        Reader Question: I am pursuing a business startup that compliments my family’s existing construction business. I have a little funding myself and some customers. I need to raise additional capital to grow and deliver the best service possible. My family business has shown interest in investing/loaning me some funds for developing this startup. […]

    January 6, 2020
  2. How can I find the best mortgage loan?

    Reader Question: How can I find the best mortgage loan? Monty’s Answer: I answered this question several years ago, but it bears repeating. Comparing the cost of mortgage loans is a challenge for most mortgage shoppers. Do this before you look for your home. The most helpful lender may also have the best pre-approval letter. […]

    December 22, 2019
  3. Our experience with our agent was nerve-wracking, frustrating, and infuriating. If we complain, will other customers know to avoid her?

    Reader Question: We used an incompetent real estate agent. We bought a home subject to obtaining a mortgage. Our Realtor drafted the contract with a twenty-day drop-dead date on the inspection and the appraisal. She pointed out we could jeopardize our ten-thousand dollar deposit if we missed these dates. Then she delivered the documents to […]

    November 10, 2019
  4. How many days before the scheduled closing, does the buyer's agent have to present us with the final "letter of commitment?"

    Reader Question: Is our transaction failing? How many days before the scheduled closing, does the buyer’s agent have to present us with the final “letter of commitment?” We want to firm up our plans. Monty’s Answer: The first place to look for your answer is the contract. Each state has its laws and forms, so […]

    November 4, 2019
  5. Can an agent add extra commission in an offer?

      Reader Question: A home buyer offered us an amount that we liked. But there was an addendum by the buyer’s agent for extra commission. We did not accept that and counter-offered. However, our agent told us the deal would not go through if we did not accept the request by the buyer’s agent. Can […]

    October 21, 2019