Ask David

Do I need a status certificate?

Dear David, When selling a townhome, must a status report be presented in order to complete the sale? If so, who pays for this report, is there a standard cost, and does it have an expiration date? – FACT CHECKING DEAR CHECKING: When selling a condo townhome, obtaining a copy of the status certificate is

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Ask David

Land lease vs. Life lease, Offer two deposits?

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

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Ask David

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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Ask David

Visits prior to closing, Downsizing family traditions

Dear David, When we sold our house, the buyer asked to have three visits prior to closing. It sounded OK in the heat of the moment, so we agreed. Now we’re finding it inconvenient. Is there anything we can do? – ENOUGH ALREADY DEAR ENOUGH: These pre-closing visits may seem untimely, especially when you’re knee

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Ask David

Pre-closing visits, Downsized family traditions

Dear David, When we sold our house, the buyer asked to have three visits prior to closing. It sounded OK in the heat of the moment, so we agreed. Now we’re finding it inconvenient. Is there anything we can do? – ENOUGH ALREADY DEAR ENOUGH: These pre-closing visits may seem untimely, especially when you’re knee

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