Learn (page 29)

  1. Can a house be too clean?

    Reader Question: Monty. 20 showings and no offers…5 interested people, two second showings. Comments have been very clean, but a lot of people do not like the lay out. We have 2300 square feet with a large kitchen, dining room, large family room, 3 full baths, 4 bedroom and an unfinished 5th room over the garage. […]

    May 17, 2012
  2. Are real estate agents dinosaurs?

    Reader Question: Hi Monty. I recently read an article in the Wall Street Journal titled “Are Real Estate Agents Dinosaurs?” I am a real estate agent in Iowa. The article kind of scares me because I am fairly young and I didn’t realize the industry was in such tough shape. I am curious as to […]

    April 17, 2012
  3. How can I challenge an appraisal?

    Reader Question: We are thinking of selling our home. We ordered a home appraisal which we just received in the mail. We do not agree with the opinion of value they came up with but we do not know how to go about challenging them. What should we do?             […]

  4. My home is underwater - what should I do?

    Reader Question: Monty, we have a family member whose home is underwater. They owe $114,000 on the mortgage with a monthly PITI payment of $890.00. They paid $119,000 for it. Here, is the problem. They are divorcing, and his wife has moved out of the house. A local agent has estimated the home will sell today for between $75,000 and $90,000. Our […]

    March 15, 2012
  5. Is there a Top 10 Real Estate Myths?

    Reader Question: Dear Monty, you write a lot about the myths and misinformation in real estate. Do you have a “Top 10 real estate myths” kind of thing for that stuff? – Jason S. Chicago, ILL Monty’s Answer: Hello Jason, Thanks for asking. It is an insightful question. Here is a list of the “Top […]

    February 23, 2012
  6. What is real estate?

    Knowing how real estate works Real estate defined in law is an “immovable object” with a legal description that defines its space and place in our geography. A 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 […]

    January 12, 2012
  7. Should I own a home?

    Should I own a home? We are fortunate because the dream of someday owning a home is a reality in our country. Home owner­ship is a solid symbol of our free enterprise system and is one of our greatest rights as U.S. citizens. It offers some income tax advantages and is often viewed as a […]

    January 10, 2012
  8. When is the right time to buy or sell?

    If you have influence over timing your real estate move, the following suggestions can help you make the most of it. Timing can impact you both positively and negatively. There are many variables that will affect the timing of your purchase or sale. Place each of your considerations into one of the two categories: market […]

    January 9, 2012