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retirement

October 12, 2018

Nervous about home inspection, Parents reluctant to move

Dear David, We are getting ready to sell our home and expect that the buyers might want a home inspection. What will they be looking for? […]
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 15, 2019

High expectations, downsizing to a bungalow

Dear David, I’m trying to sell my home. I’ve had five or six lowball offers over the last two months, which is disappointing to say the […]
July 6, 2019

When to downsize, Open house tips

Dear David, We’ve lived in out home over 50 years and have recently had a couple of health scares. We feel like it might be time […]
July 12, 2019

Finding a bungalow, Closing date change on a new build

Dear David, I’m looking to downsize. Why is it so hard to find a bungalow? The only ones I’ve seen seem to be in older neighbourhoods […]
July 26, 2019

Retirement mortgage, How long does it take to sell?

Dear David, We’re in our sixties and want to downsize. Will the bank still give us a mortgage? – READY TO SIGN DEAR READY: The quick […]
August 2, 2019

Errors in listing contract, Multi-stage retirement care

Dear David, What happens if a listing contract has been signed, but turns out to have errors?  Is that contract enforceable if the seller decides to […]
September 13, 2019

Cancelled listing, Retirement options

Dear David, We’ve had our eye on a particular listing for weeks. We made three good offers, all of which were rejected. Now the home has […]
October 18, 2019

Sorting through possessions, ID check at open house

Dear David, I found a great retirement community and am ready to move. Before that can happen, I need to sort through 30 years’ worth of […]
November 15, 2019

Help with packing, Appraisal vs. CMA

Dear David, I recently sold my two-storey home and purchased a retirement condo. I’m excited about moving in, but concerned about packing. After 20 years in […]
February 7, 2020

Impact of hydro tower, new build condo on fixed income

Dear David, We visited an open house last weekend and really liked the home, but there’s a hydro tower directly behind it. The tower doesn’t bother […]
February 28, 2020

Parents co-sign mortgage, Replacing old carpet

Dear David, We are five years from retirement and our house is paid for. Our son just asked us to co-sign a loan so he can […]
March 6, 2020

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 […]
March 13, 2020

Land lease vs. Life lease, Offer two deposits?

Dear David, What’s the difference between a “land lease” and a “life lease”? – LEASED OF MY WORRIES DEAR LEASED: In a typical freehold home purchase, […]
March 18, 2020

Retiring with parents, Fixing furnace before closing

Dear David, We’re building a retirement bungalow in our hometown. It’s 1600 square feet with a finished basement, so we’ll have lots of room. I want […]
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.
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.
August 1, 2020

Financing turned down, Status for a POTL?

If you haven’t moved in the last few decades, you may be surprised by current financing procedures.