Learn (page 2)

  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