Thinking of Moving to London Ontario & Buying Real Estate?

London Ontario is seeing a boom in people realizing that the price of a house or a condo is considerably less than the majority of other major cities, that the lifestyle here is less tense and that the amenities that London has to offer is second to none.

I work with couples every week who have decided to sell their home and move to London for many reasons , the number one reason is they are capitilizing on the equity in their home and buying here in London and still have 50-60% of their equity left!

 Where to start?

Moving to London Ontario

 

Have you ever wondered what it’s like to live in a particular neighbourhood or style of a home? Perhaps you’ve driven through an area and fallen in love with it. Maybe you have a friend who lives in a neighbourhood you’d like to live in some day.

How do you find out more about that area or condo complex?

Well, you could Google it and get some preliminary information on that community. You can go to Realtor.ca and get confused,

 OR

A better, and certainly faster and more accurate method is to call me.You see, I know the marketplace. I can provide you with in-depth information on the things you’ll want to know about real estate before you buy or sell.

For example, I can provide details about:

  • Type and style of homes.
  • Pricing over the past 12 months or the last few years.
  • Age.
  • Local amenities such as schools, parks, community centres, etc.
  • Commuting routes and access to public transit.
  • Properties currently on the market and recently sold.
  • Inexpensive touch ups that can help sell your home faster!

 

So, if you’re in the thinking stage, I most likely can give you all the information you need and if not, I’ll get it for you.

Frustrated Buying a Home in London Ontario?

Are you spending countless hours searching the MLS, real estate magazines, weekend classified ads and real estate websites looking for the ideal home for a great price and in a great neighbourhood in London Ontario?

looking to buy a house in London Ontario

 

If you enjoy doing that, great. Are you aware you may be missing out on some great homes that sell in a day or two or a home that was priced quite so agressively that it sells as soon as it comes on the market or on a specific street?

Do you think you will get a head jump on others by searching daily or weekly? Avoid paying commissions? Avoid a pesky or bothersome real estate person (don’t blame you)?

Or, perhaps you are curious or you are in the ‘just thinking stage’ of real estate. Perhaps to purchase or sell.

Regardless, real estate changes, people change, neighbourhoods change, real estate markets change and the motivation of buyers and sellers change.

So how do I, as a real estate professional, as a Broker of Record and Owner keep you, the curious, the maybe, the must have by the end of the month, the retiree, the downsizer, the upsizer, the DINK’s (double incomes,no kids), the tire kicker, deal maker, bread winner or just plain ready to move informed about real estate in London Ontario?

My asociates and I view a lot of houses and condos every week. We do loads of searches daily for clients, we are constantly researching properties, even For Sale By Owners.

we  find houses in London Ontario

My tastes are different than yours, my taste in neighbourhoods, price affordability, style of home, school district, what side of the tracks, how close certain amenities are and I bet, hundreds more.

As professional house hunters in London we know the jungle, the alleys, the streets, avenues, crescents  and can guide you on the right path to ensure your purchase is wise & financially sensible.

Love it or Leave It” London Ontario’s Only Home Buying Guarantee

100% Home Buyer Guarantee

If you obtain a home through Sutton Group Envelope Real Estate Brokerage and you are not 100% pleased with it, we will sell your home for you for FREE! We offer this guarantee within the first 24 months after you purchase the home.

Why? 

We want you to be totally satisfied with your home and will do everything to get you into a home that you will love…Guaranteed!

We are confident that we have the ability to listen to you and to being dedicated in finding the “Perfect Home” for you.  We take 100% responsibility; we offer no excuses and no finger pointing.

That’s why we are willing to work for FREE if your home isn’t everything you expected it to be.  You have nothing to lose,

There is some fine print and here it is:

This home buying guarantee excludes commercial properties, investors & students.

You won’t have to jump off any cliffs, scale any mountains, wrestle a crocodile, put up with a pushy real estate salesperson, cross-eyed lawyers, impotent mortgage lenders, near sighted home inspectors, all you have to do is put up with us!

Ty Lacroix

 

Moving Up or Downsizing in London Ontario?

  “We’re thinking about downsizing to a smaller home. Having been out of the real estate market for many years, how do we find a representative to help us buy and sell?”

Senior couple in front of home.

When it comes to buying or selling a home in London Ontario, one of the first steps many people take is choosing a real estate professional to work with. Much like you’ll be searching for a home to meet your needs, you’ll want to take a few steps to choose the real estate professional who is right for you.

Regardless of how you find the real estate professional, it’s always a good idea to meet with at least a few different representatives before selecting the one you’d like to work with. When you have your short list and are ready to meet with a few candidates, consider asking these questions:

1. What is your experience? Experience is about more than how many years someone has been in business. Take the time to learn about the types of properties they typically work with, which neighbourhoods they work in and how many homes in the type you are looking for they helped buy or sell in the past year or two.

2. What is your approach to the buying or selling process?For the buying side of things, how will the representative search for suitable properties and what is their approach to negotiations? When selling, how will your home be marketed to help attract the right prospective buyers? By understanding their approach, you’ll know what to expect and will be able to determine which representative’s philosophy and methods align with your preferences.

3. What services will be included? Discuss your particular needs and expectations with prospective representatives to ensure they are able to provide the services you want. For example, when selling, will the representative have professional photos taken of your home or prepare multimedia promotional materials? How will they promote and market your home? Understanding exactly what services will be provided, and later documenting them in your written contract, will help avoid misunderstandings later on.

4. What are the commissions or fees that I will need to pay? Commissions and fees can vary between brokerages and the services provided, so be sure to understand what will be provided and what it will cost. Keep in mind that, as with most things, the cheapest deal is not necessarily the best one.

5. Do you have references? As with most job interviews, getting in touch with references is an important step before hiring someone. Speaking with past clients is a great way to learn more. Were past clients pleased with their experience? Was the representative responsive and easy to get in touch with? Would they recommend them to others?

Buying and selling a home is a major decision, so it’s key to take the time to find the right representative for you. Whether it’s homes within a certain price range, in a specific neighbourhood, income properties or condos, it’s smart to find a representative experienced in buying and selling your kind of place.

 Ask these 11 Questions Before You Hire Any Realtor

Frustrated Buying London Ontario Properties?

Are you spending countless hours searching the MLS, real estate magazines, weekend classified ads and real estate websites looking for the ideal home for a great price and in a great neighbourhood in London Ontario?

looking to buy a house in London Ontario

 

If you enjoy doing that, great. Are you aware you may be missing out on some great homes that sell in a day or two or a home that was priced quite so agressively that it sells as soon as it comes on the market or on a specific street?

Do you think you will get a head jump on others by searching daily or weekly? Avoid paying commissions? Avoid a pesky or bothersome real estate person (don’t blame you)?

Or, perhaps you are curious or you are in the ‘just thinking stage’ of real estate. Perhaps to purchase or sell.

Regardless, real estate changes, people change, neighbourhoods change, real estate markets change and the motivation of buyers and sellers change.

So how do I, as a real estate professional, as a Broker of Record and Owner keep you, the curious, the maybe, the must have by the end of the month, the retiree, the downsizer, the upsizer, the DINK’s (double incomes,no kids), the tire kicker, deal maker, bread winner or just plain ready to move informed about real estate in London Ontario?

My asociates and I view a lot of houses and condos every week. We do loads of searches daily for clients, we are constantly researching properties, even For Sale By Owners.

we  find houses in London Ontario

My tastes are different than yours, my taste in neighbourhoods, price affordability, style of home, school district, what side of the tracks, how close certain amenities are and I bet, hundreds more.

As professional house hunters in London we know the jungle, the alleys, the streets, avenues, crescents  and can guide you on the right path to ensure your purchase is wise & financially sensible.

Love it or Leave It” London Ontario’s Only Home Buying Guarantee

100% Home Buyer Guarantee

If you obtain a home through Sutton Group Envelope Real Estate Brokerage and you are not 100% pleased with it, we will sell your home for you for FREE! We offer this guarantee within the first 24 months after you purchase the home.

Why? 

We want you to be totally satisfied with your home and will do everything to get you into a home that you will love…Guaranteed!

We are confident that we have the ability to listen to you and to being dedicated in finding the “Perfect Home” for you.  We take 100% responsibility; we offer no excuses and no finger pointing.

That’s why we are willing to work for FREE if your home isn’t everything you expected it to be.  You have nothing to lose,

There is some fine print and here it is:

This home buying guarantee excludes commercial properties, investors & students.

You won’t have to jump off any cliffs, scale any mountains, wrestle a crocodile, put up with a pushy real estate salesperson, cross-eyed lawyers, impotent mortgage lenders, near sighted home inspectors, all you have to do is put up with me!

Ty Lacroix

 

Why Overpay For London Ontario Real Estate?

Over the past 3 months, we have seen a sellers’ market in London Ontario, which is great for those selling their house or condo in London Ontario and in some cases, not great for buyers.

Overpaying for a London Ontario Home

Jim Rohn wrote: “The pain of discipline weighs ounces, the pain of regret weighs tons!”

With some homes receiving 7-15 offers that have no conditions and some homes selling 12-18% over the asking price, is the ‘winning’ offer prudent?

I have been in several of those offer situations, have won some and some say ‘lost some’, but my clients can’t lose something they never had. My client and I do a threshold price and stick to it, we try to keep the emotion out of it and avoid one of the biggest motivators in the world, “fear of loss”.

A threshold price is one where you can be confident that you are offering a fair price and confident that in the future, if the market does take a down turn, your financial world will not be turned upside down.

Speculation is dreaming and though we read about the money 5% of speculators make, we very seldom here about the other 95% of speculators who lose. It may not be in the short term, but long term, history has a habit of repeating itself.

I have taken the liberty of rearranging one of Warren Buffet’s beliefs and changing the word stock to property: “It is far better to buy a wonderful property at a fair price than a fair property at a wonderful price.”

Buying a Home in London Ontario & Co-signing?

What are the consequences if your daughter and her husband want to buy a home, but recently asked you to “Co-Sign” on the loan?

buying a house in London Ontario

There’s nothing wrong with helping a family member or close friend with buying a home.  However, co-signing on a loan should be done with great care and knowledge of the consequences.  Co-signing means that you are extending your personal credit for the benefit of someone else.  Problem is, if the borrower defaults, the lender will look to you for full repayment.

So you’re not really a co-signer, you’re a co-debtor.  Here are a few tips that may prove helpful when co-signing:

Although you’re co-signing, make sure your co-borrower is putting cash into the transaction.  The more they put in, the lower your risk.

Obtain a credit report on the person you’re co-signing for, even if it’s another family member.  If they’ve defaulted on other debts, there’s a good chance they’ll default on the debt you’re co-signing.

Ask the lender to release you from the loan when the principal balance is reduced to a certain amount.

Examine how your credit rating and ability to borrow will be impacted.  Co-signing on a loan can sometimes impact your ability to get financing if you need it.

Make sure you’re name is listed on the deed as a co-owner.  And by all means, speak with a good real estate lawyer.

If the home is sold, will you share in any appreciation or gain in value?

These  are only a few of the consequences let alone the dis-harmony between family or a friend. I have advised and helped many families over the years, so not only is a competent lawyer and lender required, but a real estate person with your interests in mind.

The Only London Ontario Home Buyer Guarantee

Love it or Leave It” London Ontario’s Only Home Buying Guarantee

100% Home Buyer Guarantee

If you obtain a home through Sutton Group Envelope Real Estate Brokerage and you are not 100% pleased with it, we will sell your home for you for FREE! We offer this guarantee within the first 24 months after you purchase the home.

Why? 

We want you to be totally satisfied with your home and will do everything to get you into a home that you will love…Guaranteed!

We are confident that we have the ability to listen to you and to being dedicated in finding the “Perfect Home” for you.  We take 100% responsibility; we offer no excuses and no finger pointing.

That’s why we are willing to work for FREE if your home isn’t everything you expected it to be.  You have nothing to lose,

There is some fine print and here it is:

This home buying guarantee excludes commercial properties, investors & students.

More Buyers, Less Homes For Sale in London Ontario = $$$

There are more buyers than homes for sale in London Ontario and  this London Free Press article talks about the shortage of properties for sale in London, the rising prices, bidding wars, bully offers and buyers coming from the GTA ( Greater Toronto Area) to buy.

As a buyer, there are four things people do:

  •  throw up their hands and overpay
  • wait (for how long) until prices drop
  • put their head in the sand
  • head in the sand
  • let me help you through the challenges and make a good long term decision and not get caught in the frenzy.

How?

Ahh! This is where experience, strength, posture and due diligence comes into play, these clients feel that way and you can too.

Interested?

Trouble Buying a Home in London Ontario?

Are you spending countless hours searching MLS, real estate magazines, weekend classified ads and real estate websites looking for the ideal home for a great price and in a great neighbourhood?

 Why?

searching to buy houses in London Ontario

By Yourself?

Quite a few home buyers do that in the thinking stage which is a great idea , but, when you think you are getting close, are you aware you may be missing out on some great homes that sell in a day, or a home that was priced agressively, a good income property or a home in that special neighbourhood of London?

Do you think you will get a head jump on others by searching daily or weekly? Avoid paying commissions? Avoid a pesky or bothersome real estate person (don’t blame you)? Get a deal?

Regardless, real estate changes, people change, neighbourhoods change, mortgage rules change and the motivation of buyers and sellers change.

So how do I, as a real estate professional, as a Broker of Record and Owner keep you, the curious, the maybe, the must have by the end of the month, the retiree, the downsizer, the upsizer, the tire kicker, deal maker, bread winner or just plain ready to move informed about real estate in London Ontario?

My asociates and I view a lot of houses and condos daily. We constantly are researching properties, even For Sale By Owner (FSBO) properties.

My tastes are different than yours, my perspective of neighbourhoods, price affordability, style of home, school district, what side of the tracks, how close certain amenities are and I bet, hundreds more.

So how do I help so many home buyers in London? These clients say I listen and listen and listen and  take the time to research and plan.

There is a catch though!

What is the Catch?

I don’t know who you are! Buying a home is something I help hundreds of buyers do, why not contact me and at least see what I have to offer.

I have built my business on service, by understanding what my client’s need and want and being a provider of real estate information. The tips and ideas I provide are a great business tool and I appreciate those who see the value in them and who truly want expert advice.

If that is you, raise your hand, it will not cost you anything, you are under no obligation and I promise you, you will be happy that you did!

 

London Ontario Home Buyer Worries?

  One of the ways to solve 3 London Ontario home buyer worries and concerns that occur with almost every home buyer is to break down those worries and to fully understand the process of home buying in London Ontario.
  1. Buying real estate is one of the largest purchases for most in their life and the fear  a of not knowing whom to trust, or making a mistake that could cost thousands of dollars years later. (Check out these questions you may want to ask a home inspector, a lawyer and a Realtor)
  2. Not being sure of the prices,availability, neighbourhoods and the selection of homes and being assured of getting the most for your money, without having any regrets afterwards.
  3. Feeling out of control because there are so many unanswered questions.  Making it hard to know where even to start.

These happy buyers had their 3 London Ontario Buyer worries answered

Is there an easy way to buy or sell a home? Not really! It takes time and being careful

If any of the 3 concerns sound familiar, doesn’t it make sense that in order for you to make one of the most important decisions in your life you may want to be well informed?In the current active London Ontario marketplace, the inventory of homes is low, the interest of buyers is high and with many buyers coming from the GTA (Greater Toronto Area) the demand is high. When demand is high, prices can rise, the fear of loss can occur and then, emotions cause some to cloud their judgement!

Do you not think it would be more prudent to understand exactly what is going on in the marketplace and not rely on someone else’s perceptions or erroneous opinions, get the facts, the brutal truth, check your emotions at the door and then proceed?

That is what these buyers did!