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David Schooley

June 8, 2019

Ready to downsize? Mortgage penalty?

Dear David, We’ve lived in our home for almost 20 years. The kids have moved out. We’re not sure if we should consider downsizing as we […]
June 1, 2019

Deposit details, Leaving the family home

Dear David, We found a great house on the weekend and want to buy it, but they’re asking for a $20,000 deposit. How does that work? […]
May 25, 2019

Does a fence add value? Retrospective appraisal?

Dear David, I am wondering whether a fence adds to the value of a home?  – CURIOUS DEAR CURIOUS: The quick answer to your question is […]
May 18, 2019

“Freehold” Fees, Closing Costs?

Dear David, They said it was a freehold townhouse, and now we find out there’s a $90 fee every month. – SURPRISED DEAR SURPRISED: Quite often, […]
May 11, 2019

Rent Increase, Unsuccessful Buyers

Dear David, We own a rental property and just had a long-term tenant move out. Can we increase the rent? – LONELY LANDLORD DEAR LONELY: The […]
May 4, 2019

Electric Heat, Stuck in a Commercial Lease

Dear David, I have a townhouse with electric heat. I plan on selling it in five years. I’ve received a quote of $12,000 to install gas […]
April 27, 2019

Metal Roof, Bully Offer

Dear David, We are renovating the second floor of our home. We will be removing a mansard roof and replacing it with a regular roof. Should […]
April 20, 2019

Purple Bricks “commission-free” service

Dear David, “Purple Bricks” sounds too good to be true. What is the catch? – AS SEEN ON TV DEAR TV: Purple bricks is a UK-based […]
April 12, 2019

Private mortgage, Renting out a townhouse

Dear David, We don’t qualify to purchase as much as we did a year ago. Should we look at a private mortgage? – LOOKING FOR OPTIONS […]
April 5, 2019

Is a garage build worth it? How credit score affects home purchase

Dear David, We have an old shed/garage and want to build an oversized detached garage in its place. So far, quotes have been between $35-40 thousand! […]
March 30, 2019

Heritage home, First time buyers

Dear David, It’s my understanding that if you own a heritage home, you can’t change the outside but can do anything you want to the interior. […]
March 15, 2019

Assessed value vs. price, Seller’s old appliances

Dear David, I was at an open house listed at $500,000. In the listing, I noticed that the taxes on the property were based on a […]
March 8, 2019

Buying at auction, Firm offer

Dear David, We see quite a few homes going for auction. What are the advantages or disadvantages of going this route versus using a Realtor? – […]
March 1, 2019

Retirement village purchase, No offers on my listing

Dear David, Our home will be mortgage free in April and we seriously need to downsize. We have our eye on a retirement village where the […]
February 23, 2019

Buying mom’s house, a friend’s new real estate license

Dear David, Our family has precious memories of the family home. Now that Mom is going into a nursing home, I would like to buy the […]
February 16, 2019

Property tax, MPAC and selling to a developer

Dear David, I purchased a newly-built condo last year. I paid an occupancy fee to the builder before taking possession, which was supposed to cover the […]
February 8, 2019

“No commission” agents, Establishing value for probate

Dear David, I have been seeing a lot of commercials where a company advertises that there is “no commission” payable to a real estate agent. How […]
February 1, 2019

Selling a worn house, knob and tube wiring

Dear David, I’m not sure how are we ever going to sell our house. It’s looking worn but we don’t have the time or money for […]
January 26, 2019

Inspection affects selling price, Capital gains

Dear David, I sold my home at a price I that made me comfortable. There were some issues with the inspection, and now the buyer wants […]
January 19, 2019

Deposit not delivered, Clearing snow

Dear David, I thought my house was conditionally sold. The buyers and I signed a deal after some negotiation. The next day, their agent said they […]
December 21, 2018

Carpet vs. hardwood, Inspections for a rural property

Ask David...David Schooley, real estate Broker at Remax Twin City in Kitchener, answers questions about flooring options and common inspections for the sale of a rural property.
December 15, 2018

Fireplaces and property value, Selling during divorce

Ask David...David Schooley, real estate Broker with Remax Twin City, answers questions about whether a gas fireplace can boost property value, and how to handle a home sale during divorce.
December 7, 2018

A seller’s regrets, Speeding up a condo sale

Ask David...David Schooley, real estate Broker with Remax Twin City on Kitchener, answers questions about feelings of regret after a sale and speeding up the sale of a condo.
November 30, 2018

Building permits, Listing with an out-of-town agent

Ask David...David Schooley, real estate Broker at Remax Twin City, answers questions about permits for a basement kitchen and listing your home with an out-of-town agent.
November 24, 2018

Flexible closing date, Moving from overseas

Ask David...David Schooley, real estate Broker at Remax Twin City, answers questions about flexible closing dates and moving from overseas.
November 16, 2018

Buying a home that’s not for sale, Buying with a girlfriend

Real estate Broker David Schooley, of Remax Twin City, answers questions about buying a home that's not for sale and how to structure a purchase with a boyfriend/girlfriend.
November 9, 2018

How loans reduce purchasing power, DIY home repairs

Dear David, I have two loans that will be paid off in the next six months. Should I wait until they are cleared to sell my […]
November 2, 2018

Hot water heater, Overpriced listing

Dear David, I need to replace my water heater. Do you think I should buy or rent? – IN HOT WATER DEAR HOT WATER: Our region […]
October 26, 2018

How to pay your contractor, Finding your “forever home”

Dear David, We have some renovation work to do around the house and plan to bring in a contractor. Do you think we should pay them […]
October 19, 2018

Listing during the holidays, Serial listing agents

Dear David, Our house is just about ready to list. Should we be concerned about heading into the holiday season? – ALL FOR FALL DEAR FALL: […]