Month: January 2015
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Is a home trade-in a good idea?
Reader Question: We are thinking of downsizing and found a home at an open house. The agent offered a home “ trade-in ” on our current house. They compared it to trading in the old car. What do you think of trade-in’s for houses? Andy and Marcia P. Monty’s Answer: “Trade-in,” “guaranteed home sale,” “home…
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Sell our home now? Or wait until summer?
Reader Question: We’ve decided to sell our home and buy in a different school district. I’d like to sell in March so I can pre-register my kids for school. Should we wait until summer, since more people will be looking? I’d hate to sell too early and not get as much for the house as…
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Consider mediation in real estate disputes
Reader Question: We are in disagreement with two neighbors over surface water drainage. The town wants nothing to do with it. Our concern that this issue is too small for a lawyer, which we cannot afford, but too big for us. Do you have any suggestions? Monty’s Answer: Consider mediation for this type of problem. Drainage…
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Before you become a real estate investor
Reader Question: I am 24 years old, single and college educated with a good job. I am fascinated with becoming a real estate investor, and I would appreciate any insights you would offer. The question is; Where do I start? Marc G. Monty’s Answer: Our country’s foundation is real estate. Real estate is the largest…