Ask David

What is a trigger rate?

Dear David, We picked a variable rate mortgage last fall when we were arranging our financing. Now we are hearing about something called a “trigger rate”. How might that affect us? – TRIGGERED DEAR TRIGGERED: Trigger rates affect some mortgage holders, but not others. If you’ve locked in your interest rate with a fixed-rate mortgage,

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Ask David

Buying a multi-generational home

Dear David, My son and I have started discussing selling our respective homes (he’s in a semi, I have a condo) and purchasing property we can share. He has a wife and two young children. I’m single. Is there anything in particular we need to consider? – LOOKING AHEAD DEAR LOOKING: As prices and interest

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Ask David

Talking trash about my house

Dear David, We came home during a showing and overheard the seller’s agent trash-talking our house. Their agent is the one who booked the showing, shouldn’t they be trying to sell the house? – IRRITATED DEAR IRRITATED: I’ve shown thousands of homes to hundreds of buyers over the last two decades. For my clients, the

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Ask David

Fixtures and Chattels: What’s the Difference?

Dear David, We sold our house and it closed yesterday. Our agent called to say that the buyers are mad because we unbolted a gazebo from the deck before we left. The gazebo was mentioned in the listing, but the buyers didn’t ask for it. We offered to sell it back to them for $1500,

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