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Learn The Truth About Real Estate Industry

Your satisfaction and happiness is something that is very important to me. I understand how hectic it is to sell a house and it can be difficult if it’s not handled properly. To help you through the entire process, I’ve put together five simple steps.  If you questions just reach out to me and I would happy to assist.

Step 1: Decide to Sell

When you sell, you want to get as much value as you can for your home. So you might want to consider the timing of the sale because it definitely has an effect on the value. At times people considering seasonality as a major factor because typically more homes are sold in the spring rather than the winter. That might be true as majority of people are trying to move into their new home before September.  However, we typically find the more serious buyers and sellers in the fall and winter market and a lot less window shopping.  You can also increase the value by enhancing the appeal of your house.

There are various ways to do this and it all depends on the amount of monetary resources available. You can renovate your house by remodeling an area or just freshen up the walls with a new coat of paint. Even just keeping your front lawn tidy can make a big difference. Buyers love seeing green grass and flowers outside because it feels more warm and inviting to them. Home inspections are also something that you can do to prove the value of your home. Buyers will usually ask for a home inspection, so if you do it ahead of time it will definitely impress them. It also gives you a chance to prevent unpleasant surprises and make any major repairs. Now you’re ready for the for sale sign!

Step 2: Choose the right agent

There are thousands of real estate agents, so how do you chose one that’s right for you? You have to pick carefully. They will be acting as your representative and you will need someone to look out for your best interests. You will need someone that you can trust and someone who understands what you want. There are a few ways to look for your perfect Realtor: Jot down some names and numbers that you find on “For Sale” signs Ask friends and family for a recommendation Visit one of the local offices in your area They have to be a trained professional who knows your area inside out. A great agent is someone who offers you quality services to help you accomplish your goal.

Step 3: List your Home

Now that you’ve found the perfect real estate agent, they will list your home. First they will value your house and set a price. A report on market data will be complied to properly value your home based on the prices in your area. Once they’ve done that the agent will market your home through various media outlets and listing sites to create strong buyer interest. They can post on Multiple Listing Service (MLS), social media, blogs, and websites. There will be open house appointments as well to showcase the potential of your home to various individuals. At this point, Realtors may also suggest to stage the home to help these individuals imagine themselves living in your house.

Step 4: Receive an Offer

Not all offers are equal and that’s where your real estate agent comes in. They will help you get to know the terms and conditions regarding the price that the buyer wants to pay, financing conditions, or other things like inclusions and exclusions that the buyer wants to make. Not only is it about the price of the home, but you have to carefully look at the other details included in the sale. Appliances, chandeliers, or even minor renovations can also be part of the deal. Shorter or longer closing dates can also be specified by the buyer. If there is something in the offer that doesn’t satisfy you, counter offers or negotiations can also be presented to help get you what you want.

Step 5: Close the Sale

There will be closing costs associated with the sale that need to be paid either by or on the closing date. It can include mortgage application fees, inspections, and legal fees. But once that’s taken care of, you can pass your old keys to the new owners. Congrats! You’ve officially sold your house!

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London Ontario Neighbourhoods

Explore London Ontario Neighbourhoods And Gain Insight Into The Communities.

North West London

North West London consists mostly of residential area and established neighbourhoods.  You can find a number of new residential builds in the River Bend, and Fox Hollow neighbourhoods.  There is plenty of shopping: SmartCentre london North West located in the corner of Fanshawe Park road and Hyde Park, Masonville Mall located at Richmond and Fanshawe Park road, London Mall and Hyde Park Plaza.  This part of London is also home to the University of Western Ontario.

Fox Hollow: About 92% of the residents are home owners with the average household income of around $100,942.

Hyde Park: About 90% of the residents are home owners with the average household income of around $103,836.

Masonville: About 73% of the residents are home owners with the average household income of around $150,543.

Medway: About 72% of the residents are home owners with the average household income of around $89,180.

Oakridge: About 87% of the residents are home owners with the average household income of around $123,998.

River Bend: About 88% of the residents are home owners with the average household income of around $155,485.

Sunningdale: About 80% of the residents are home owners with the average household income of around $163,008.

West London: About 24% of the residents are home owners with the average household income of around $49,692.

Woodhull: About 93% of the residents are home owners with the average household income of around $189,699

Other well known neighbourhoods in the area: Fox Field Community, Hickory Heights, Lawson, Orchard Park, Sherwood Forest, University Heights, Whitehills, Old North, Upper Richmond Village, Blackfriars, Cherryhill, Deer Ridge, Eagle Ridge, Hazelden, Hunt Club, Oakridge Acres, Oakridge Crossing, Oakridge Meadows, Oxford Park.

North East London:

This area of the city is developing fast and since high appreciation rates. Well establishment older neighbourhoods with lot of new construction projects on the go.  There are a number of smaller shopping plazas but nothing major in the area.  This community is also known for Fanshawe College – a public college and long history and positive reputation.  This part of London is also home to London International Airport – with regular flights to the United States and number of major Canadian cities.

Carling: About 39% of the residents are home owners with the average household income of around $52,351.

Fanshawe: About 97% of the residents are home owners with the average household income of around $119,915.

Huron Heights: About 56% of the residents are home owners with the average household income of around $69,872.

North London: About 55% of the residents are home owners with the average household income of around $112,829.

Stoneybrook: About 97% of the residents are home owners with the average household income of around $114,169.

Stoney Creek: About 71% of the residents are home owners with the average household income of around $85,211.

Uplands: About 82% of the residents are home owners with the average household income of around $133,382.

Other notable neighbourhoods:

Airport, Cedar Hallow, Fanshawe Ridge, Forest Hill, Grenfall Village, Huron Heights, Kilally, Kipps Lane, Merwin heights, Northridge, Ridgeviews heights

South East London:

Depending of the area except to find wide range of home prices – a place for everyone. Be sure to find a number of major commercial industries situated along the Veterans Memorial Parkway, which connected directly to the 401.  The major shopping area here is Argyle Mall.

Argyle: About 66% of the residents are home owners with the average household income of around $68,073.

Brockley: About 88% of the residents are home owners with the average household income of around $103076.

Crumlin: About 88% of the residents are home owners with the average household income of around $83,543.

East London: About 49% of the residents are home owners with the average household income of around $52,288.

Glanworth: About 70% of the residents are home owners with the average household income of around $89,242.

Glen Cairn: About 60% of the residents are home owners with the average household income of around $63,137.

Hamilton Road: About 72% of the residents are home owners with the average household income of around $63,514.

Jackson: About 95% of the residents are home owners with the average household income of around $101,776.

Westminster: About 84% of the residents are home owners with the average household income of around $77,378.

Other notable neighbourhoods:

Bonaventure Meadows, Bradley, Chelsea Green, Chelsea heights, Ealing, Fairmont, Hale Street District, Nelson Park, Old East Village, Old Vicotria, Pond Mills, Pottersburg, Ronleigh Village, Summerside, Trafalgar heights, Whitlow Estate

South West London:

Clear sign of the City working towards expending residential areas towards the 401.  Lot of new construction and new subdivisions.  White Oaks area you can find a number of condo units and Townhouses.  White Oaks mall and a number of smaller commercial plaza provides shopping opportunities.  Along the Wellington road you can find a number of Hotel plazas for the tourists.

Bostwick: About 47% of the residents are home owners with the average household income of around $87,249.

Byron: About 87% of the residents are home owners with the average household income of around $114,652.

Highlands: About 60% of the residents are home owners with the average household income of around $80,133.

Lambeth: About 93% of the residents are home owners with the average household income of around $131,054.

Longwoods: About 88% of the residents are home owners with the average household income of around $101,233.

Sharon Creek: About 82% of the residents are home owners with the average household income of around $115,067.

Southcrest: About 39% of the residents are home owners with the average household income of around $53,801.

South London: About 46% of the residents are home owners with the average household income of around $69,933.

Talbot: About 65% of the residents are home owners with the average household income of around $67,781.

Tempo: About 66% of the residents are home owners with the average household income of around $105,772.

Westmount: About 63% of the residents are home owners with the average household income of around $98,850.

White Oaks: About 70% of the residents are home owners with the average household income of around $67,781.

Other notable neighbourhoods:

Andover Trails, Brockley, Berkshire Village, Cleardale, Copperfield, Glanworth, Kensal Park Lockwood Park, Manor Park, Markland Wood, Norton Estates, Old South, Park Lane, Rosecliffe, Rowntree Park, Somerset Hills, Somerset Ridge, Talbot Village, The Coves, The Ridgeway, Warbler Woods, Wickerson Heights

Central London:

Downtown, SoHo, Woodfield, Central London – the central part of London.  The downtown serves purpose to a number of professionals in the area of law, accounting, banking sectors, and Tech.  Home the biggest library in the city of London, London City Police, London City Hall.  Richmond row provides ample opportunities for night time entertainment – number of great bar, food, and club options.

Central London: About 22% of the residents are home owners with the average household income of around $52,477.

Downtown: About 26% of the residents are home owners with the average household income of around $69,304.

All statistical neighbourhood profile information has been collected from the City of London.

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The Ultimate Cheat Sheet On Real Estate

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Real Estate Industry and Competitors

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