Seven Tips For Buying In Overheated Market

Reader Question: We live in an overheated market. Home sellers are receiving multiple offers very quickly after listing and sell for more than the list price. We want to buy a home here, but we are reluctant to jump in and end up overpaying. What, if anything, can we do to avoid this situation? John…
Read More

0

Ten Facts Mortgage Shoppers Should Know

  Reader Question: How can I compare the cost of financing from different lenders? Monty’s Answer: Comparing the cost of mortgage loans is a challenge for most consumers. Even when you think you have the answer, new information appears, and you are back to square one. Here are ten facts to help you lock-in the…
Read More

0

Real Estate Agent Bullies Buyer To Use Lender

Reader Question: My offer was accepted, and I was thrilled. Before making the offer, my agent had instructed me to obtain a pre-approval letter and recommended I use a particular loan officer. I went ahead and did so after confirming with the loan officer that doing so wouldn’t lock me into using his services. I…
Read More

0

Low Appraisal Not Disclosed To Homebuyer

Reader Question: I recently closed on a home for $180,000. I just learned the appraiser along with the agent and lender adjusted the appraisal from $176,000 to $179,000. They never informed me of the original price. Had I been informed, I could have negotiated for the $4,000. What can I do now? Sonja D. Monty’s…
Read More

0

When Neighbor Disagree On Trimming Tree Branches

Reader Question: Our neighbor has a tree with branches that encroach on our property and pollutes our swimming pool. Our neighbor says we cannot touch their tree, as it will ruin its shape. Can we rid ourselves of this nuisance? Monty’s Answer: Many property owners see trees as a valuable resource that adds value to…
Read More

0