Dear Monty, We will be selling our home in the spring. Our house was built in the early 1940s. It is a large, three-story stone home in a historic district. The inspector did not mention two environmental-type items — asbestos and lead paint — which surprised me, as I suspect we have both. Do I …
Dear Monty: We made an offer on a home through our agent that is $400k overpriced at $1.3 million. Our agent researched the comparable sold homes in the area. They recently listed the house. They rejected the offer. Sixty days later, we tried again, removed several contingencies and left the price as before. Their agent …
DEAR MONTY: Four options when the seller’s agent refuses to present an offer Read More »
Dear Monty: I bought a six-unit apartment building recently. How can I soften the blow to the tenants when I raise their rent? Monty’s Answer: The nature of your question suggests this is your first rental property. There is little information about the property, such as location, age condition, staggered lease terms, et cetera. It …
Dear Monty: Four actions to take when raising rent Read More »
No nonsense real estate advice How to decide to convert your home to a two-family houseDear Monty: I need to find out if I can convert my single family into a two-family. The second thing is, if so, what are the rules for transformation legally? Monty’s Answer: The rules you seek are not uniform across …
