“Ask Joe” is a question and answer column by RECO’s Registrar Joe Richer that appears in the Toronto Star.
Richer answers questions from readers on a variety of topics, including how to spot a former grow-op, protecting your deposit and what to disclose in multiple offers.
Ask Joe columns are for general information purposes only and do not constitute legal or other professional advice. Seek the counsel of a real estate lawyer and salesperson on questions regarding your own real estate transactions.
Are you a home buyer or seller with a question?
- I’m looking to buy my first property; it’ll be a condo. Where should I start and where can I find more information?
- What happens if an item is broken during the property showing, who is responsible for replacing the item, what happens if the item is irreplaceable?
- I recently put an offer on a home that was accepted; however, to waive the conditions within the agreement, I need to have a home inspection completed within five days. How should I go about this during the pandemic?
- I’m savvy in real estate. I’ve bought and sold three homes over the past six years and know what I’m doing. Do I really need a lawyer?
- I purchased a property and later found an issue that was not visible during my home inspection, due to snow accumulation around the house. What should I do?
- My father told me that buying a home in the winter is the best way to get a deal because people who sell in the winter are more “motivated” to close a deal. Is this true?
- I read your column last week in which you said it is important to discuss services, commissions and fees with a salesperson before hiring them. What is a reasonable commission rate and what additional fees are acceptable?
- I’m planning a fresh start in a new city in 2021. What’s your advice for remotely hiring a brokerage?