When London’s real estate market is sizzling, and real estate is moving quickly, how can you effectively deal with multiple offers? London’s real estate is still sizzling and there is an overall desire to live in many areas of London, however some areas have low inventory. With this, often buyers will begin a bidding war on certain properties. Receiving multiple offers as a seller is a great position for negotiating terms and often gives them the upper hand. In situations like these, all the parties will be informed about how many offers have been submitted. All registered offers must ...
Multiple Offers and Tips for Buyers & Sellers
September 23, 2018
Accommodating Showings & Why It Matters
September 16, 2018
The more difficult it is for a buyer to book a showing, the less likely they will continue to try. When it comes down it to, most agents will do their best to book showings at least 24 hours in advance, as they must coordinate the buyer, seller, and agent’s schedule. However, there are often “short notice requests”. These sellers might come from out of town for a day or over a weekend and it wasn’t until they were in town that they realized there are additional properties that they may want to see before they leave. They might be ...
London Housing Prices
August 12, 2018
The rising price of homes in London, Ontario is outpacing the national trend, according to a new survey. Migrating Toronto-area residents and limited supply in the London, Ontario real estate market are helping to drive prices up. The median London home price rose nine per cent year over year to $365,686 in the second quarter of 2018, according to the Royal LePage house price survey and market forecast released Tuesday. It should be noted that this is the midway point and not the average selling price. London is not the only city in Southern Ontario to experience double and single ...
Why is Researching a Developer Important When Buying Pre-Construction?
July 28, 2018
When you are considering or comparing various pre-construction projects to acquire a unit i— either as an investor or end user — doing your homework and researching is crucial. So where do you begin? While the location of the site, how far the amenities away are, and aesthetics of the area will help to determine the price, as well as play a role in your decision process. You should start doing your research about the developer. You should take the necessary time to find out all you can about the developer that will be building your potential ...
3 Most Commonly Renovated Rooms After Buying a Home
July 6, 2018
Congratulations on finally purchasing your new home! Renovations are a great way to help modernize, add a personal flare, and help add value to your home. Here are three of the most popular rooms in a home to undergo a renovation. Basement Chances are the home you just bought had an unfinished basement, leaving you with concrete walls and floors, which isn’t visually appealing to anyone. Basements can be overlooked for gatherings, but believe it or not they can be a great place to unwind and bring people together. Renovating your basement can help add value to your property ...
6 Things That Are Overlooked When Buying a Home
June 25, 2018
Buying a home is a complex process and there are many things that are often considered in a short period of time. Below you will find six important things that are sometimes overlooked before home buyers close the deal. Travelling to Work If you’re moving to a new neighbourhood or new city, have you assessed how much time it will take you to get to and from work? Many buyers realize this after they have closed the deal on their home and sometimes underestimate this Unfortunately there is no formula for coming up with the travel time, the best way ...
5 Tips To Help Your Yard This Summer
June 21, 2018
No one wants to look out the windows of their home and be greeted by brown patches on your yard or pull into your driveway only to see a dying flower bed. While the summer sun can anyone’s green thumb capabilities, here are some helpful tips to give your plants and grass a chance this summer. Let it Grow While the recommended height may vary, depending on what type of grass you have, one of the most common mistakes is to cut your grass too short. The grass will look nice, but it will be a problem once the ...
Home Inspection Checklist
May 15, 2018
It might seem like a daunting task when it comes to inspecting your new home, however it doesn’t have to be. Below you will find a list of tips and tricks when it comes to the home inspection and making sure it flows smoothly. Using a Checklist When it comes to inspecting your new home make sure you are hitting every corner of the household. With the help of checklist, it can help keep track of what you have and haven’t looked at, to help make sure you don’t check the same areas twice. Here is a little guide ...
Minimize the Cost of Bidding Wars
May 6, 2018
While it generally is a good idea to avoid a bidding war, to help save the buyer money. There are some ways to help to not only help a buyer win a bidding war but also minimize the financial toll. When making a purchase offer it is important for buyers to understand the local market. By researching how much comparable homes are in the area are selling for, buyers can help get a sense of how much they will be spending on a home. While there is some wiggle room when it comes to the price, buyers should try ...
April 25, 2018
What are Accelerated Payments? Accelerated payments are mortgage payments that are increased slightly to help you pay off your mortgage faster. There are two types of common accelerated payments: biweekly and weekly. Bi-weekly is the more common choice, as it matches with pay dates more often than weekly. How it works An accelerated payment works by increasing your weekly or biweekly payments by a specific amount that would have you pay one full month’s payment extra per year. This is a great way to start paying off your mortgage, but when it comes to the interest on your ...