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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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Stuck beside a run down semi, Secondary suites

Dear David, We own a semi in a modest neighbourhood. My husband wants to jazz it up with a concrete drive, new kitchen, new bathroom and a fence. The home “attached” to us is somewhat run down and I fear ours can’t shine next to it. Is it better to move and invest somewhere else?

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