Picture of bedroom with a large mirror
Ask David

Firm Offer and Inspection, Rising Deposits, Rejected Offers

Dear David, So many sellers expect a firm offer these days. What if we want to do an inspection? – Nervous Buyer Dear Nervous, I always recommend that my clients do an inspection, or at least a “mini inspection” that covers major aspects of the home like the foundation, roof, windows, HVAC, electrical system and

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Row of red town houses
Ask David

Historic Designation, Townhouses, Multiple Offers

Dear David, What does it mean if a home has a historic designation? – Old Timer Dear Old Timer, A handful of properties in our region are designated as historic by their respective cities under Ontario Heritage Act, which applies to properties identified as having cultural heritage value or interest. Under the OHA, there are two

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Living room with television mounted on wall in front of a comfy couch
Ask David

Deposits, Well Over Asking Price

Dear David, We just signed the agreement to buy our new home. Should we pay the deposit by certified cheque or bank draft? – Ready to Roll Dear Ready, In a seller’s market, when buyers are doing everything they can to set their offer apart from the competition, a certified deposit can sometimes give your

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