Closing time
Closing is an interesting time. It’s supposed to be full of hope and excitement. Our was full of stress. But (spoiler alert), it all worked out. What to do before…
Mortgages
Mortgages are stressful. They are one of the most important contracts you’re ever going to sign and you really have no one looking out for you except yourself. Pre-Approval First…
It’s all over!
Today was crazy. CRAZY. Home Inspection This morning we headed over to the house for the home inspection. Our home inspector, Scott, took us through the entire house and patiently…
Appraisals and Financing
One of the common conditions in an offer is financing. I always thought that the financing condition was only based on getting a mortgage. Since we had been pre-approved, I…
So much drama…
The roller coaster ride continues… This morning we got a call from the bank. CMHC wants to do an appraisal. The problem is that our offer expires tomorrow at 9pm…
Offer Accepted!
Today our agent called and asked what we wanted to do. We reluctantly suggested that we offer slightly more than our original offer. It wasn’t as much as she wanted,…
Waiting… again…
At this point, it’s a waiting game. A game that is killing me… The weekend has now passed and there are still no other offers. The seller is now willing…
Relisted
Today the selling agent re-listed the house for more than the original price… Jerk. And she’s having another open house. Except she didn’t post it on the public site, much…
:@
For anyone who knows icq or msn emoticons, the title of this post is a huge spoiler alert. Last night was bid night. We left work early and met our…
How does buying a house work?
The Toronto real estate market is insane. If you’ve read the news lately, there are many examples of insane bidding wars that lead to inflated prices and more speculation. So…
So. much. stress.
So we’re making an offer. It’s been a very busy two days. Monday Monday night we went back for another visit. We brought my dad, our agent, and a good…
Could it be?!
Today we went to see the Parkdale house. This beautiful, character-filled home is priced right and seems to be flying under the radar. We might actually have a chance! Alex…
Hopeful finds!
Alex and I were supposed to go to Ottawa this weekend to visit friends, but had to cancel last minute due to some baby sleep training. Don’t know what sleep…
Real Estate Agents
Looking at MLS was fun. Deciding whether or not it made sense to buy was less fun, but involved a lot of math and spreadsheets (which is fun). Once we…
What $800k gets you in Toronto
Alex and I have seen between 10 and 15 houses now. Some great, some not so great. But all consistently overpriced and out of our reach. In Toronto, this is…
Searching for a House
I’ve been looking at MLS listings well before we decided to buy a house. Once we decided to buy, though, my search frequency increased exponentially. I starting looking at the…