Month: November 2013

  • A senior housing dilemma

    Reader Question: Hello Monty, my wife and I are in the late sixties. We are in good health and have no home mortgage. We have no trouble keeping busy, but as we look to the future and the options, sorting it all out in a logical and efficient fashion seems complicated. There is so much information and fluff out…

  • Presto! Change a one family home into a two family home

    Reader Question: We have been remodeling a single-family country home and right now we are at a point where we have to decide on either a 1 bedroom apartment or extra family room/office. We are looking for the best resell options. We could have a 1 bedroom-1 bath apartment along with a huge 3 bedroom 1 1/2…

  • A perfect storm – How to create poor real estate decisions

    Reader Question: My mother wants to have a home built. She has been advised that she should not sign the purchase agreement before she sells her home to avoid a large tax. She is 85 years old. She was also told to keep all utilities on at old home until sold. Are these points valid? Thank you,…

  • A home seller’s checklist

    Reader Question: Monty, we are going to be selling our home soon. The word has gotten out in the neighborhood, and conflicting advice is pouring in about which agent to use and how to go about selling the house. How do we sort this out without upsetting the neighbors?  Randy and Susan P. Monty’s Answer: Hello Randy and Susan,…