Bully offers in a bad market?
Dear David, It seems like every day brings more bad news about interest rates and real estate in general. As someone who is trying to buy a house, this leaves me with two questions: (i) why am I facing multiple offers if the market is so bad, and (ii) if my agent knows I’m competing,
Advice for first-time buyers
Dear David, My wife and I are first time homebuyers. After saving for years, we’ve paid off our existing student loans, car loans and credit card debt. We used an online mortgage calculator to get pre-approved for about $600 thousand. What steps can we take to get started? – ON THE HUNT DEAR HUNT: The
Should I install a pool?
Dear David,Our kids will be starting school this fall. We hope they’ll make new friends. In anticipation, we want to finish our basement with an extra bedroom and maybe install a pool. We’re not really committed to our current school zone and are trying to figure out if this plan makes sense. – LOOKING AHEAD
Establishing property value
Dear David, I’ve lived in the same house for over 50 years. I have a new significant other who wants to buy into the property. We want to ensure that if something happens to one of us, our respective estates are treated properly. I called a Realtor to do a market analysis for us and
Selling a house with a pool
Dear David, We own a large house with a pool. My husband and I want to sell it but can’t agree on a timeline. I want to list the house now and spend our summer at the cottage. He wants one last summer by the pool and would rather list in the fall. I think
Helping my kids to buy a home
Dear David, A few years ago, we retired, sold our house, left the city and moved back to our hometown. Our two adult sons, who had been living at home, rented a house in our former neighbourhood. The lease is up, and the landlord wants to sell the house. What should they do now? I