“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?
- We’re trying to find a home in this hot market and were told we should waive certain conditions when we submit offers. What should we be worried about?
- We are buying a home in this hot market and trying to set our budget. What are some of the types of costs we can expect?
- I’m trying to purchase a home and was asked to sign a buyer representation agreement. Should I do this?
- We are first time buyers who’ve been frustrated by the hot real estate market we are searching in. What advice or tips do you have?
- My home isn’t for sale, but I received a letter in my mailbox that included an offer to buy my place. Is this allowed?
- A neighbourhood acquaintance, who happens to be a real estate salesperson, said they’d like to buy my home when I mentioned I was interested in selling. Is this allowed?
- I plan to move to Canada to study in Toronto in 2022. I recently read that many people are moving out of the city’s core and that now is a good time to buy. What advice can you give a potential buyer like me?
- My salesperson showed us two property listings and, in both instances, we wanted to submit an offer. But the properties were sold before the posted offer date. How can this happen?