Ask David

Escrow, Title Insurance

Dear David, I read an article about “escrow” in the local paper last week, but don’t remember it being mentioned when I bought my house. Why was that? – WONDERING DEAR WONDERING: You are correct in recalling that “escrow” was not part of the conversation regarding your last home purchase. The article you are referring

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Ask David

Buy or Lease for a Business, When Should we Buy, Relisted Properties

Dear David, Our well-established business has been leasing our location for 20 years and we must move next year. Should we buy or lease somewhere else? – TORN DEAR TORN: Real estate has proven to be one of most solid, consistent and reliable forms of investment, especially in our region, where the market is stable.

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Ask David

Designated Parking, Discounted List Price, Financing Clause

Dear David, We own a business in Kitchener and someone keeps parking in our designated parking spots. Is there anything we can do? – FRUSTRATED DEAR FRUSTRATED: Parking violations on private property are generally handled by your city’s bylaw enforcement team. In the City of Kitchener, if a driver parks in a spot designated for

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Ask David

Market Shifting, Neighbour’s Dead Tree

Dear David, With all the changes we are seeing in the real estate market, are we in trouble? – NERVOUS DEAR NERVOUS: When it comes to real estate sales, supply and demand change on a regular basis. As of today, it appears that we are shifting slightly out of a seller’s market and towards a

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Ask David

How Much do we Spend? What’s a POTL?

Dear David, We are renting and have been approved for a $400,000 purchase. I am comfortable shopping at that price, but my spouse wants to spend $300,000. Who do you think is right? – PLAYING IT SAFE DEAR PLAYING IT SAFE: Your spouse is the person you’re living with and of course they need to

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