Four Factors That Affect Your Offer Price in London Ontario.

May 4, 2012, 3:54 am, by Kathy Mendham-Meathrel

When you've found a home in London Ontario you like, one you could see yourself living in for the foreseeable future, the next step is to make an offer on the home. You might be tempted to offer a price lower than the seller's asking price, simply because you've heard that you're supposed to negotiate the price. However, there's more to an offer price than lowballing the asking price. The price that you offer on the home will be influenced by several factors. Property Condition After...

London Ontario Buyers Sometimes Wonder Are Home Inspections Worth The Money?

February 28, 2012, 8:54 am, by Kathy Mendham-Meathrel

London Ontario Home Buyers Sometimes Wonder Are Home Inspections Worth The Money?   Have you ever wondered if home inspections are worth the money? According to London Ontario real estate agent Kathy Mendham-Meathrel, the answer is emphatically YES.  There are so many great reasons to have an inspection, but there is a lot of risk if you don't have one.   The reason for having a home inspection is to get a detailed idea about the overall condition of the London Ontario home...

London Ontario Real Estate professional Kathy Mendham-Meathrel Discusses Ways to Finance Rehab Properties in London Ontario

October 28, 2011, 6:57 am, by Kathy Mendham-Meathrel

You need to interview multiple brokers rather than just using the first one you come across. You should approach choosing a Profile.market real estate agent just like you would hiring an attorney, doctor or insurance agent. Look at several resources in the London Ontario a place where you will have access to meet your financial necessity.When it comes to getting loans for handyman's dream properties, getting financing is more difficult than for traditional home purchases.When working on fixers...

Real Estate - Commercial Investing in London Ontario: Complicated, You Bet!

October 27, 2011, 10:11 am, by Kathy Mendham-Meathrel

According to a recent study in The Economist, residential property investment in developed countries amounted to $48 trillion, while commercial real estate investment (CREI) was 'only' $14 trillion. Though the number may be smaller, CREI is much more complex.Real estate, unlike stocks or other investments, is always local — property is always somewhere, somewhere specific like London Ontario. The investor may be far away, but the property has a location that forms part of the London...

Is Your London Ontario Home Inspector Qualified?

October 20, 2011, 5:31 am, by Kathy Mendham-Meathrel

While a home inspection is now a given when purchasing a new home, hiring a professional London Ontario home inspector does not guarantee that a newly purchased house isn’t harboring any unpleasant surprises. What does that mean for the home buyer? More costs that turn out to be completely useless? Not exactly.By and large, London Ontario home inspectors or just home inspectors in general are poorly regulated. The level of performance of each professional varies widely. In fact, according...

The Nine Most Common Mistakes to Avoid When Obtaining a Home Mortgage in London Ontario!

October 19, 2011, 11:45 am, by Kathy Mendham-Meathrel

You are about to make what will most likely be the largest transaction of your life: your home mortgage. Unfortunately, many home-buyers when shopping in London Ontario do not take the time to research some of the little but weighty intricacies of mortgages. Researching the mortgage process takes little time compared to the tens of thousands of dollars it could save you.Doesn’t it make sense to become as completely informed as possible before you buy your next home? This special report is...

London Ontario Real Estate Professional Kathy Mendham-Meathrel Gives Advice about What to Look For in Your Next Home

September 28, 2011, 11:29 am, by Kathy Mendham-Meathrel

London Ontario Real Estate Professional Kathy Mendham-Meathrel Gives Advice about What to Look For in Your Next Home When you are ready to look at London Ontario homes there is a lot to consider. Since this will probably be your residence for a few years you want it to cover your basic needs and your perfect scenario all at the same time. This is when hiring a London Ontario real estate professional will be essential. Since your agent is typically paid by the seller, it doesn't cost you...

Are You Paying a Good Price for a Home in London Ontario?

September 14, 2011, 12:00 am, by Kathy Mendham-Meathrel

Knowing how much to pay for a home can be tricky business. Homes in London Ontario tend to vary in prices from low to high. Even houses right next to one another can vary in price by as much as 20%. How can you tell if you’re paying a good price for a home in London Ontario? In this article, we’ll cover how to determine the value of your home, strategies for making an offer and considerations with the seller that may affect your purchase price.How to Determine the Value of Your...

From The London Ontario Lender's Point of View

September 13, 2011, 12:00 am, by Kathy Mendham-Meathrel

It's a hard fact but although lenders may be friendly, they are not your friend. This doesn't make them bad; it just means that they - like you - are engaging in business, not social relations. Though they will often decide in your favor on a borderline case if you have a long-term working relationship, this is not charity, but an intelligent business judgment. They have good reason to believe you will be able to repay the loan at a profit to them.That last sentence is key to understanding...

How to Invest in Rental Properties in London Ontario by London Ontario Real Estate Expert, Kathy Mendham-Meathrel

June 16, 2011, 12:00 am, by Kathy Mendham-Meathrel

How to Invest in Rental Properties in London Ontario by London Ontario Real Estate Expert, Kathy Mendham-MeathrelInvesting in longer term rental properties can be a very profitable strategy for the savvy investor in the London Ontario market. Unfortunately, inexperienced investors often jump into this market without knowing what to expect. In this article, we'll go over what you can expect if you go into rental property investment, as well as some key things you ought to keep in mind if you do...