How can I be sure I’m choosing the right house?
Dear David: We are in the process of searching for our next home. There are a few things we wish we had in our existing house, and given the state of the market, we’re really concerned about getting it right. How can we be sure we don’t make a mistake this time around? – UNDER
What if I price low and don’t get any offers over asking?
Dear David, These days, asking prices are intentionally being kept well below a property’s market value. What happens if the highest offer a seller receives matches this “undervalued” asking price? Is there a penalty if the seller rejects the offer? I don’t want to get burned. – PRICING PROBLEMS DEAR PRICING: Thanks for a great
Was my large HRV installed because of radon gas?
Dear David: We’re having our furnace replaced and the tech said that our large HRV unit could have been installed because of radon gas concerns. This was never addressed during the sale of our home. Is it a common problem in our area? – HOLDING MY BREATH DEAR HOLDING: As unsettling as the technician’s comment
Title insurance: can I get it without a mortgage?
Dear David: I’ve owned my home since 1978. My mortgage is paid off. I’ve heard stories about people trying to steal property titles, and I’m a bit worried since I don’t have title insurance. Can I still get it if I no longer have a mortgage? – BETTER LATE THAN NEVER DEAR BETTER: Since the
What if there are no offers? Should I time my listing around the holidays?
Dear David: Our house has been on the market for a few days. Offers are set for the end of the week. We’ve only had two showings so far. What if we don’t get any offers on offer day? – FEELING EDGY DEAR EDGY: Given the lackluster response to your listing so far, I think
How long does interim occupancy take?
Dear David: We bought a brand-new freehold townhouse and have received interim occupancy. How long does it usually take for this type of unit to reach final closing? – WAITING PATIENTLY DEAR WAITING: Your question concerns me because interim occupancy is not generally involved in the purchase of a freehold townhouse. In a freehold property