Ask David

Retirement mortgage, How long does it take to sell?

Dear David, We’re in our sixties and want to downsize. Will the bank still give us a mortgage? – READY TO SIGN DEAR READY: The quick answer is yes, since the big banks base their lending criteria on income. Your question is timely as many people assume they won’t need a mortgage at this stage.

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No Pets Policy, Deposit Requested “Herewith”

Dear David, I’m looking for a condo, but want one with a no pet policy.  I’m finding that very few condo developments in this area are pet-free. I have friends who live in rentals where by law, landlords can’t ban pets. Some complain of constant noise from barking, hallway accidents that aren’t cleaned up by

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Finding a bungalow, Closing date change on a new build

Dear David, I’m looking to downsize. Why is it so hard to find a bungalow? The only ones I’ve seen seem to be in older neighbourhoods and they don’t suit me. – SINGLE LEVEL LIVING DEAR SINGLE: Bungalows are a popular choice for retirement, but they’re increasingly rare and tend to sell at a premium.

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When to downsize, Open house tips

Dear David, We’ve lived in out home over 50 years and have recently had a couple of health scares. We feel like it might be time to consider a retirement home or village. Where do we start our search? Do we just look in the yellow pages? – OVERWHELMED DEAR OVERWHELMED: There are certainly a

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