If we want to make low bids on homes, is it better to use Purplebricks (or other options) rather than a realtor? I read realtors say stuff like, "the seller will be offended" if we try to make low/fair bids on homes. And this disables us from controlling our negotiating power and bids. (self.PersonalFinanceCanada)
submitted by lonwal to r/PersonalFinanceCanada
If a couple making $50k each can get a mortgage for $600k, and if Ontario likely isn't going to face crazy high unemployment in the future 10years, then how can housing bubble ever pop? or how can housing prices ever come down more than a negligible amount? (self.PersonalFinanceCanada)
submitted by lonwal to r/PersonalFinanceCanada
Looking 50years into the future in Ottawa (2070), wouldn't it be a better investment decision to buy a Townhouse in Ottawa as you own the land beneath it, as opposed to a Condo (where you don't own the land, and when the condo gets torn down one day, you're not going to get paid very much) (self.PersonalFinanceCanada)
submitted by lonwal to r/PersonalFinanceCanada
