David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
COVID-19 measures have left many homeowners unemployed or reduced their hours to a point where they worry about making mortgage payments.
If you haven’t moved in the last few decades, you may be surprised by current financing procedures.
Dear David, We are first time buyers. We’ve been shopping for a while, and have made offers on three homes so far. We’ve been approved for a $500,000 purchase, but my partner wants to spend $400,000 tops and keeps insisting that we bid under asking price, even when there are multiple offers. Is he being
There are ways for buyers to hedge their bets and give themselves the best shot at receiving full approval once they find a home, even though the bank has the final word.
DEAR DAVID: Is the appreciation on condominiums as fast as that of detached homes? – CONSIDERNG A CONDO DEAR CONDO: The short answer is yes, with certain stipulations. In the case of apartment condos (not townhouses), established properties like Seagram’s or Bauer Lofts seem to be pacing with the rest of the market. Some newer locations appear