Month: May 2012
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Appraising Your Home’s Offer
Reader Question: Monty, my home in Rochester, MN is up for sale by owner with a listing price of $178,900. It is an all brick, 3 bedroom, 2bath, 1600 square foot home with a full basement and a 2.5 car attached garage. Lot size is 120×188. We paid $144,000 in 2006 and have invested approximately $16,000 since then. We have…
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Parties In Realty Contract Dispute
Reader Question: Monty, is there a difference in an offer that reads: Sellers is to pay 3% closing costs for buyer’s allowable non allowable closing costs. And one that reads: Seller is to pay up to 3% of the purchase price for buyer’s allowable and non-allowable closing costs. Also, if a seller agree to pay up…
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Terminate a listing agreement
Reader Question: To terminate a listing agreement may not be easy. We just listed our home with a company 3 weeks ago and we have some concerns on the Realtors marketing of our home. I emailed him ( so as to document it) and voiced my concerns in the method being used, MLS only. There are…
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Throwing The Bathtub Out With The Bathwater
Reader Question: Dear Monty, I have a real problem and I’m hoping you can help me. My husband and I are in our 60’s and planning on remodeling a small bathroom in our bedroom. I want to remove the tub with a larger shower only for easier access for us in our future, but my…
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Hidden Property Value Found In Homes Large Lot
Reader Question: I will be selling a home I received after my Mothers passing. Build in 1952 and having no “upgrades” there are several things needed to bring it into the 21st century. (Kitchen & bathroom upgrades) I am planing to sell it “as is” rather than investing money to bring it up to today…
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Can A Home 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.…