Ask David

Deposit gone AWOL, Foundation issues

Dear David, We just sold our home in a multiple offer situation, but the buyer hasn’t brought their deposit. What happens now?  – UNSURE  DEAR UNSURE: All real estate contracts involve time limits. When a buyer and seller reach an acceptable purchase agreement, the buyer has 24 hours to deliver their deposit to the listing

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Ask David

Home assessment, Working from home, Bad MLS photos

Dear David, Our neighbour’s house just came up for sale and we noticed that our home assessment is the same as theirs. Why is that when they put in all new flooring, a new kitchen, and finished the basement themselves? – BAFFLED DEAR BAFFLED: The Municipal Property Assessment Corporation (MPAC) usually sets home values just

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Ask David

Property infringement, Open houses, Rental property renos

Dear David, Our neighbour has built a shed so close to our home that eaves of the shed sit under the eaves of our roof. If I go to city hall and find a survey that proves there is a property infringement, what do I do?  – TOO CLOSE FOR COMFORT DEAR CLOSE: From what I

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Ask David

Rent Increase Guidelines, Shifting Retaining Wall

Dear David, I just got notice that my rent is going up 4.8 percent. Is this legal when the buyer just bought the building and hasn’t made any updates? – SHOCKED DEAR SHOCKED: Generally speaking, there are a few rules for residential rent increases. The top 3 are: (1) rent can only be increased once

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