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What happens when a tenant-in-common passes away?
At this point, your dad will need to decide what the next chapter of his life will look like. First and foremost, he’ll want to consider whether owning this home still makes sense.
David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
At this point, your dad will need to decide what the next chapter of his life will look like. First and foremost, he’ll want to consider whether owning this home still makes sense.
Is the existence of the rental unit your main concern, or is it the tenant who is “hanging out” between your houses?
As a Seniors Real Estate Specialist (SRES), I’m seeing more clients choose to leave the city for cottage-type communities where boat docks and fishing spots are minutes from home.
No buyer’s agent wants to ask their client to pay a fee that the seller usually covers.
In reviewing thousands of offers, I often see agents who could protect their clients to a higher degree with just a few extra words.
It’s essential for buyers to seek professional advice early on, if they are to navigate their home search effectively.