Recent Posts

Back
parents’ property
I live in calgary looking to sell my fathers townhouse in Waterloo, near the university. Thinking this summer / fall. Maybe it’s better to rent out the property to students, since he’s near the school @ university of waterloo. Looking to cover expenses for fathers next step into a retirement community in the very near future. Also younger family generations may need the property in future. Need to factor all avenues so any help is welcomed.
User Image Savas Posted at 4 months ago
Max Cerruto Image Max Cerruto - Aura Signature Realty Inc. Sent you a message - 4 months ago

Hi Charlotte, give me if you would like to discuss options and what will work for your family. My number 416-937-5831

Laurie Cochrane, Broker Image Laurie Cochrane, Broker - RE/MAX Realtron Realty Inc Sent you a message - 4 months ago

Hi Charlotte, you have a big task to help your dad while living farther away. The most important thing is your father's well-being, and his happiness and being stress-free. Renting his townhouse may cover his expenses, but the risks involved with renting are great. If payments should ever default, or students damage the property, or need for repairs and upkeep, your and your father's stress will be affected. There are too many factors that should discourage you from renting. Selling his house may be your best alternative. I have helped seniors sell their homes and live happily for 40 years. I'm honoured to help your father, too.