David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Dear David, We’re building a retirement bungalow in our hometown. It’s 1600 square feet with a finished basement, so we’ll have lots of room. I want my 79-year-old dad to move in with us, but he lives completely independently and seems reluctant. – DOTING DAUGHTER DEAR DAUGHTER: The opportunity to build a “made to measure”
Dear David, What’s the difference between a “land lease” and a “life lease”? – LEASED OF MY WORRIES DEAR LEASED: In a typical freehold home purchase, you’re buying a house and the land it sits on. In a “land lease” or “life lease”, the land belongs to someone else. In a land lease, you own
Dear David, We are in our mid-sixties and downsizing to a bungalow. We’re excited about the move, but are apprehensive about packing (we were a lot younger the last time we did this). Any tips? – BOXED IN DEAR BOXED: Packing can be physically demanding. I recommend you start as early as possible and cover
Dear David, We’re in our sixties and want to downsize. Will the bank still give us a mortgage? – READY TO SIGN DEAR READY: The quick answer is yes, since the big banks base their lending criteria on income. Your question is timely as many people assume they won’t need a mortgage at this stage.
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.
Dear David, I’m trying to sell my home. I’ve had five or six lowball offers over the last two months, which is disappointing to say the least. I know what my house is worth, but don’t seem to be reaching the right buyers. Any ideas? – OPEN TO SUGGESTIONS DEAR OPEN: I hate to be