Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

Reader question: Can I buy a home with no down payment and marginal credit? I have been working a good job for over two years. I had several years of a bad road earlier. Do you have any advice? Monty’s ...

Tagged with: Dear Monty

Reader question: Is it OK to reach out to the prospective buyer and see if they have any questions about my house? They came and looked and appeared interested. My real estate agent will not communicate with us, so we ...

Tagged with: buyers market

Reader question: What happens if a tree falls on my neighbor’s 18th century home and destroys it? Who determines the cost of rebuilding an “antique” like that? Monty’s answer: Let us assume the tree in question is on your property. ...

Tagged with: rebuilding

Reader Question: We have an offer for our building and parking lot from a developer. They offered $2.2 million with a one-year requirement for us to vacate. We have a separate independent appraisal valuing the two parcels at about $1.2 ...

Tagged with: Dear Monty

Reader Question: We have been married for six years. We have rented till now and have saved enough for a 20 percent down payment with a tidy reserve. A variety of concerns make us wonder if we should buy a ...

Tagged with: home ownership

Readers Question: What is a housing cooperative? Monty’s Answer: A cooperative is a form of ownership that creates an interest in an abode through stock ownership in a company, as opposed to a deed to a parcel of real estate. ...

Tagged with: Dear Monty

Reader Question: My wife and I are getting closer to retirement, and we can go anywhere we want in the USA. We want to find the right lake or mountain home. I am looking for a single agent/source to help ...

Tagged with: Dear Monty

Reader Question: I am researching commercial real estate. Who invests in commercial real estate in the U.S.? Monty’s Answer: The definition of commercial property is buildings owned by an investor or investors to generate income from rent. According to the ...

Tagged with: Dear Monty

Reader Question: I have a question regarding easements. I own a home built in the late 1920s. The original owner created an easement agreement with one neighbor next door. Nearly 80 years later I tried to dissolve the easement and ...

Tagged with: Dear Monty

Reader Question: I inherited a large commercial rental property along with my three siblings. I would like it to be sold, even at a much lower price, and they do not. Is there any way for me to get out ...

Tagged with: Dear Monty