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It’s a common story: when we reach a certain age it seems to make sense to downsize. But with the real estate market still so high, and the range of sizes and shapes of houses, townhouses and condos out there, it’s actually quite difficult to find the right place at the right price that will work for years to come. Here’s some suggestions for getting downsizing right.
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Are you planning on moving house any time soon? Is the thought of the big move freaking you out? Hold on. Before you even get to that stage there are a few things you need to consider first.
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While the key criteria for selling a house may be “location, location, location,” there are two very distinct strategies for setting the selling price for your home: ask for more-or-less what you want, or lowball and hope for a bidding war.
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There’s a renewed sense that the real estate agent is out and buying a home on your own, or with limited help, is the way to go. Is it really? Is it enough to rely on an internet-based do-it-yourself company or just a lawyer to buy a home?
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Four months after the home inspection and two months after closing, there were clear signs of water damage, moisture, mold, mildew, rot, dust and drywall deterioration in the basement. This situation is more common than one would expect and it begs the questions, just whose responsibility is the home inspection anyway?
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Want to know what the outlook is on mortgage rates for the next 30 to 40 days? Our panel of mortgage experts share their views on Canadian Mortgage Rate Trends.
Panel Consensus
May 2012
