Here is a snapshot of list/sell prices on today’s closed deals. The ones highlighted in yellow were sold for list or over list price. This gives you an overview of what’s happening in the local market. If you are looking to buy you need to be ready to make an offer and if you are […]
With Toronto and Vancouver home prices soaring to unprecedented heights amid years of historically low interest rates, regulators have stepped in to introduce new mortgage rules aimed at tightening up the market. Industry officials estimate that roughly 1 in 12 new home purchases could be impacted. Here are some examples of how these changes could affect you in our local London home […]
Buyer Beware when it comes to real estate. Author: Kristina Bradley In the world of residential real estate, there are two kinds of defect that buyers and sellers should be aware of. The patent and the latent. Patent Defects Patent defects are those that can be discovered by inspection and ordinary vigilance on the part […]
Are you wondering what to look for in a local to London Ontario Real estate agent? In my opinion there are two types of Realtors in the world and London Ontario is a smaller segment of “the world”. Those Herb Tarlick old school boys club, before the internet, used car, slick sales pitch men who […]
Leaves are falling! It seems premature but in case you need some time to mentally prepare yourself here are a few things you can do in the coming months to protect your home inside and out. Interior Maintenance Seal windows and doors to reduce drafts and water seepage Have furnace and hot water tank inspected for […]
Ontario’s new “Making Ontario Roads Safer Act” (Bill 31) will come into effect September 1st creating some new rules for driving and stiffer penalties for breaking them. Distracted Driving Looking at, texting or talking on your phone while driving currently incurs a fine of approximately $200. As of September 1st Fine: up to $1,000 and 3 demerit points. Drivers […]
You should allow at least 1.5% of the purchase price for closing costs although I recommend approximately 2% to be on the safe side. These may be made up of the following fees: Legal Fee and Disbursements A lawyer will charge a fee for their professional services involved in drafting the title deed, preparing the […]
VIEW LISTING #11-869 Whetherfield St London Come check it out!
Author: Kristina Bradley A recent survey of 401 Ontario real estate agents and brokers found that most agree that it is more difficult to sell a home where owners have smoked. The survey estimates a potential loss of up to $107,000 on a home in Ontario, where the average price is currently around $369,000–or a whopping 29% loss […]