Just when you thought you have found your dream home, you might be tempted to immediately make an offer or sign on the dotted line - but you should beware of doing this. Once you make an offer, you can’t change it. The seller can accept it, decline it, let it lapse by doing nothing or sign it back with changes, as a counter-offer. Then it’s your turn to accept it, decline it, do nothing or sign it back. An offer can be signed back several times. Even if your offer is accepted with conditions, you can’t change it ...
What You Need to Know Before Making an Offer
October 17, 2018
Mould & Your Home: What You Should Look For
October 14, 2018
Once mould has taken root in a home it can be a destructive force within your home. Homeowners should know the signs of mould and know where to look for it, so they can catch it before it gets worse. However, some people don’t notice mould until it is too late, and their home is already on the market for sale. To prevent that, here are what all homeowner should be looking for and why finding mould before it can spread is so important. Identifying Mould Identifying mould in a home can be tricky because it can take ...
Multiple Offers and Tips for Buyers & Sellers
September 23, 2018
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 ...
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 ...