Navigate

Ask Monty A Question

Buy Monty’s Book

Home Buying

Home Selling

Home Owning

Month: April 2013

  • Selling church property requires expertise.

    Monty’s Answer: Hello John, and thanks for the questions. A “bill of sale” is not the correct instrument. A deed that describes the property to be conveyed is the correct document. The survey the neighbor ordered will contain the necessary legal description of the land. The deed will be recorded with the governmental unit responsible for maintaining…

  • Moving into your home day!

    You have an accepted offer, and the closing completed. All of your determination, organization and hard work is finished, right? Wrong! Now, you must put the same preparation and research toward moving into your home. The moving process can be taken for granted. No matter how often you have moved, something may go wrong or…

  • The risk of borrowing money from your parents.

    Reader Question: Notice: This 2013 Article has been updated on December 4, 2023. There is a new alternative in real estate described in bold below.  Hello Monty, I purchased my home in 2011 for $400,000. To help with my interest rate, my folks took out a home equity loan for $80,0000. I am now regretting…

  • 5 best tips for newbie roommates renting

    Reader Question: Hello Monty, 3 of us are looking to rent a place. We want the total rent to be as close to $2,300.00 per month as possible. We want to start a lease in June, 2024. Can you find an agent for us? Robert. Tampa, FL Monty’s Answer: Hello Robert, Monty can only find an agent…

  • Making adjustments indispensable when valuating property.

    Reader Question: Is it proper in valuing residential real estate to adjust the comparable sales value by the “cost” of amenities not present in the comparison properties (i.e. an outbuilding-indoor riding arena)? Fran D. Monty’s Answer: Hello Fran, thanks for your question. The answer is “yes,” unless the building is about to fall over. Fee…

  • Todays three choices to find your real estate agent.

    Reader Question: I need to locate a reliable, and trustworthy real estate agent in my area qualified to submit a bid on a HUD home. What’s your suggestion? The property is in Roseville, CA. – N.A. Monty’s Answer: Notice:This 10 year old article has been updated on December 4, 2023, with a fourth option: Hello N.A…