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RE/MAX Balloon

buying

June 1, 2018

How Much do we Spend? What’s a POTL?

Dear David, We are renting and have been approved for a $400,000 purchase. I am comfortable shopping at that price, but my spouse wants to spend […]
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.
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 […]
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? – […]
September 20, 2019

MLS curb appeal, Showing a rental with tenants

Dear David, I’ve been looking at property listings online and am wondering why some people use a picture of their kitchen or living room as the […]
December 6, 2019

Choosing a house, managing outdoor maintenance

Dear David, We’ve seen almost 40 houses and are struggling to choose one. Help! – FROZEN DEAR FROZEN: This sounds to me like a “failure to […]
December 14, 2019

Staging a parent’s home, renting out my house

January 24, 2020

Multiple Lawyers? Are pre-move renovations worth it?

Dear David, We retired last year. We want to re-locate across the province to be closer to our grandkids. When the time comes, is it possible […]
February 14, 2020

Porting a mortgage, what if we overpaid for our house?

Dear David, We’re ready to downsize. We still owe about $80,000 on our mortgage, which doesn’t come due for another 18 months. Would you advise we […]
April 3, 2020

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 […]
June 5, 2020
hand holding a paintbrush, painting finish on a wooden plank.

Trusting seller’s inspection, Pandemic moving plans

Inspection reports have inherent limitations. Inspectors can’t see through walls and must rely on exterior clues to reach their conclusions.
July 3, 2020

Can I bail on a deal? Fixtures vs. chattels

I bought a house with my longtime girlfriend. It’s supposed to close in six weeks. We just broke up, can we get out of this deal?