Ask David

How can I be sure I’m choosing the right house?

Dear David: We are in the process of searching for our next home. There are a few things we wish we had in our existing house, and given the state of the market, we’re really concerned about getting it right. How can we be sure we don’t make a mistake this time around? – UNDER

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Winning at Multiple Offers

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

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Buying with a friend, Mortgage is paid off

Dear David, My friend and I want to buy a house together 50/50. I have a larger part of the down payment, but his income is higher. How should we approach this? – BUDDY SYSTEM DEAR BUDDY: With prices rising out of reach for many first-time buyers, this is a great way to get into

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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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