Monthly Archives: June 2019
Why You Should Know These Answers Before Buying a Home in London Ontario
Buying a home in London, Ontario and area is exciting, yet, can be stressful! When I list a home for sale in London Ontario and ask the seller’s why and how they bought their home and how the process went, I consistently receive the same replies, wishes and what they would do differently... Read More
Why Some Condos in London Ontario Take Longer To Sell
London Ontario condos, be they townhouses, or apartment condos took an average 11 days to sell as of June 25, 2019! However, of the 957 that sold 126 of them were on the market 66 days! When the asking price of a condo in London, Ontario is higher compared to others that are for sale or... Read More
Buying Real Estate in London Ontario? Be Careful What You Are Signing
When buying a home in London Ontario, why do some Realtors require me to sign a Buyer Agency Agreement? Are you aware of what you are committing to? Most Realtors may want you to... Read More
How London Ontario Real Estate Investors Ruin Their Bottom Line
How to Ruin the Bottom Line, Real Estate Investing in London Ontario 1-Holding on for that “dream” deal If the area supports it and the property is $1,300 in the current market, you can lose/waste a couple of months income chasing $1,400. How many mortgage payments, taxes, insurance etc. are you willing to make trying to get that... Read More
Energy Costs Matter When Buying or Selling a Home in London Ontario
Will energy costs affect the sale of a home in London Ontario? Yes The Affordability Rule for Home Buyers Called PITH The monthly housing costs shouldn’t be more than 32% of gross monthly income. Housing costs include monthly mortgage payments (principal and interest), property taxes and heating expenses. Principal, Interest, Taxes Heat For example, if income was... Read More
Before Looking At Townhouses in London Ontario To Buy, 3 Important Points
Looking At Townhouses in London Ontario To Buy? Three Important Points To Consider! Buying a property is not only an emotional experience, but it can also be time-consuming with a myriad of details that you or your Realtor may not have thought about or knew. Over the years we have been involved... Read More