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RE/MAX Balloon

Financing

January 13, 2017
Two people sitting down for coffee, one person looking at financial reports on a tablet

Viewing Homes, Financing, Realtor Fees, CMA

DEAR DAVID: How many homes should I be viewing before putting in a purchase offer? — NERVOUS BUYER DEAR NERVOUS: There is no magic number; you […]
July 21, 2017
Large kitchen picture

Financing Declined, Mobile Lawyers

Dear David, We were pre-approved for a mortgage a few weeks ago, but when we put in an offer to purchase a home, our financing was […]
September 15, 2017

Central Vacuum, Homes Not Officially on the Market, Mortgage Fell Through

Dear David, We moved into our new home last month. I just tried the central vacuum and the power head doesn’t work very well. What should […]
March 29, 2018

Lease Sublet, Mortgage rules, Mortgage insurance

Dear David, We just signed a 3-year lease for our business and my wife and I have decided to split up, what do we do now? […]
June 15, 2018

Designated Parking, Discounted List Price, Financing Clause

Dear David, We own a business in Kitchener and someone keeps parking in our designated parking spots. Is there anything we can do? – FRUSTRATED DEAR […]
June 19, 2020

Buying with no financing condition, Moving in with adult kids

There are ways for buyers to hedge their bets and give themselves the best shot at receiving full approval once they find a home, even though the bank has the final word.
July 10, 2020

What’s an escape clause? Final walk-through denied

We have an offer on our home that’s conditional upon financing for 10 days. Can we accept another offer in the meantime?
September 25, 2020

Importance of a separation agreement, Rising deposits

It’s common for divorcing couples to assume the equity in their matrimonial home will be split 50/50, but the division of assets can be complicated.
April 9, 2021

“Tenants in common” ownership in a will, our appraisal came up short

The cottage may be grouped with other assets in your estate and funnelled down through your spouse or other beneficiaries.