Ask David

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

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COVID-19 delays, Radon

Dear David, We’re building a new house. It’s supposed to close at the beginning of September. How do you think COVID-19 will affect our closing date? – CONSTRUCTION CONCERNS DEAR CONCERNS: At the time of this writing, some residential construction is still considered an essential service. But because the list of pandemic closures is subject

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Impact of hydro tower, new build condo on fixed income

Dear David, We visited an open house last weekend and really liked the home, but there’s a hydro tower directly behind it. The tower doesn’t bother me, but my husband thinks it’ll make the house hard to sell down the line. What’s your opinion? – WIRED DEAR WIRED: If you were to compare two identical

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Finding a bungalow, Closing date change on a new build

Dear David, I’m looking to downsize. Why is it so hard to find a bungalow? The only ones I’ve seen seem to be in older neighbourhoods and they don’t suit me. – SINGLE LEVEL LIVING DEAR SINGLE: Bungalows are a popular choice for retirement, but they’re increasingly rare and tend to sell at a premium.

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Weekend showings, closing date change on a new build

Dear David, I’m a very social person and often host gatherings for friends. I’ve been trying to sell my house for a while and am tired of accommodating showings on Sundays and evenings, when I want to have people over. Shouldn’t buyers be willing to book appointments that don’t infringe on people’s personal lives? –

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Rent or Buy, Buying From a Builder, Selling Now or Later

Dear David, I currently rent in a great building. My parents want me to buy a home, but that will mean getting a smaller place. With housing prices so high, shouldn’t I just wait? – Living Well Dear Living: It can be daunting to bite the bullet, but I encourage everyone to get into the

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