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When mortgage payments are too much

Dear David: Our mortgage payments are killing us. Our home is worth about $500 thousand, we currently have a $100 thousand mortgage and another $100 thousand in consumer debt. With $2,500 in monthly bills on top of our mortgage payments, we are barely keeping our heads above water. What can we do? – SINKING FAST

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Frustrated with blind bidding in multiple offers

Dear David, We’ve come close to winning a few multiple offers but haven’t been able to buy a house yet. I hate that we don’t know what other buyers are offering. How are we supposed to aim at a target we can’t see? – FLYING BLIND DEAR FLYING: As frustrating as it is, Ontario’s “blind

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Beware of “We Buy Homes for Cash” letters

Dear David, I got a letter in the mail from someone offering to buy my house for cash. It sounds like a convenient way to sell, should I consider it? – EASY WAY OUT DEAR EASY: This sounds like a note from a wholesale or off-market investor, the same kind who posts “We Buy Homes

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Prepare for a move after 40 years

Dear David: We would like to downsize in the next six months. We haven’t sold a house in 40 years, how do we prepare for a move? – READY TO ROLL DEAR READY: Regardless of whether your last move was four years or four decades ago, having a plan in place will help you manage

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