Selling London Ontario Condos & Getting Results

   If You Knew That When Your Condo Was For Sale, It Sold Quickly And For The Money You Want,  Mean To You?

I really get it that thinking about selling your condo in London Ontario & area for hundreds of thousands of dollars is not something you do every day, it is one of the largest financial decisions you most likely will ever have to make!

Sell your condo in London Ontario for more

Over the years I have helped hundreds of condo owners sell their home and most, if not all, had fears, some had poor perceptions or even false information and all had concerns about pricing , how long it will take, what will it cost and choosing the right brokerage and representative to help.

  

Questions need answers when buying a condo in London

Choosing to choose is a mantra that successful people have used for years which translates into the fact that all the results we get are from our choices!

The price you receive and the time it took to sell is because you:

  • Chose the listing price of your condo (or you agreed to what your sales person said the price should be, but it still was your choice)
  • Chose the real estate person to represent you
  • Chose how you wished to be treated, responded to
  • Chose the condition of your condo when it is on the market, the tidiness, cleaness and upkeep

 

A great Realtor will not let you gamble with one of your your largest investments, will not give you false hope or convince you to take what could be a very expensive risk on your part.

A true professional will explain the pros and cons of the options available and if you choose that professional, your condo will sell for the market price in the time frame you want and you can move with confidence.

Again, choose wisely!

Selling a condo in London Ontario is like any other journey, you have set a date and a destination. Now the most important part, how are you going to get there?

  • When?
  • What’s it going to cost?
  • Why?
  • What’s the safest way?

​ I’ve put together some reports I have written, some lessons I have learned, some insider tips and ideas that after reading these, you will be well prepared and on your way to getting what you want for your home when you sell it!

Townhouse London Ontario, Town Home London Ontario

Townhouse condo , town home condo, freehold condo, aren’t they all the same? There seems to be some confusion about the differences between the three and to make the confusion more befuddled, if you google all three,  you will see what I mean.

Information Condos in Lonon Ontario

So, in London Ontario and area, Realtors, builders and lawyers generally define them as the following:

  • Townhouse Condo: Can be attached or detached, single floor or a two or three storey
  • Town Home Condo : Usually detached, more upscale and freehold or a general condominium corporation
  • Free Hold Condo: Detached, you own the land and are responsible for your roof, windows, doors and you pay a nominal fee to the condo corporation for road maintenance and common grounds.

Now, before anyone wants to nit pick me on the above descriptions , I have helped hundreds of buyers and sellers of condos in London and these 3 definitions worked for them. As well, at the end of the day, your lawyer and the status certificate of the condo corporation and the property you are buying or selling is defined quite clearly in all documents and ownership is defined.

A professional Realtor will have already verified that for you , but then, what do we know, we are out seeing condos every day!

Meeting your lawyer condo in London buying

                                           Where To Start?

Most start off by going to MLS and picking up all the real estate magazines they can get their hands on & going to open houses or model homes

Thats a good way to get a feel for price and style. But then what? What about certain condo rules, fees and financial stability of the condo corporation, amenities and other questions that should be very important for you to know?

Looking for condos in London Ontario to buy

Another alternative is to take advantage of our knowledge and experience with condos & houses in London Ontario and area.  Daily, our associates  view quite a few condos in London and area & are quite familiar with price, quality, safe areas  and know the better run condo corporations and some to stay away from.

Do you use up a tank of gas or spend hours on MLS going through hundreds of listings?

What about if you could first know what you can get in your price range, learn about the styles, even locations!

Even some common sense ideas of what to look out for.

 Below is a snapshot of condos for sale in London Ontario & area on MLS

 Townhouse Condos For Sale on MLS London Ontario      Detached Condos For Sale on MLS in London Ontario      Apartment Condos For Sale on MLS in London Ontario 

Oh, and by the way, are you  wondering what your payments will be?

Condo Mortgage Calculator

Here is a fabulous 4 in 1 mortgage calculator that will guide you to know your costs.

Below are links to some but not all townhouse condo complexes (townhomes, attached and detached, one floor and more) in London Ontario by price range.

Included are prices last year, what units sold for compared to the asking price, how long they took to sell, some buyer & seller tips and at times, a blunt discourse on being prudent when buying or selling a condo .

Under $150,000

$150,000 to $250,000

$250,000 to $400,000

400,000 to $500,000

Over $500,000

Condos in London Ontario, Buy One The Right Way

When looking at condos in London Ontario,it can be an emotional experience, perhaps even trying and scary. It can also be time consuming and comes with a myriad of details that should not be overlooked. Some buyers, (and even their Realtor), can get caught up in the excitement of buying a place and then tend to forget a few things. Their condo experience then could turn into an unpleasant turn of events, such as:

  • Paying too much
  • Losing the perfect condo to another buyer
  • Not buying in the right neighbourhood or building
  • Feeling rushed
  • Not enough due diligence done through the process and omitting a few steps

                                        Looking to buy a condo through the internet on MLS

                          Make Buying a Condo in London More Pleasant

The specific way you progress through a condo buying transaction varies but there are many  buying steps that are standard, even though they might not be accomplished in the same order in every location.

You’ll feel more confident about your condo buying journey when you understand what is required of you and every other person who is involved in the transaction.

I believe that there should be a thorough plan BEFORE a  buyer even starts looking  because when there is a systematic plan in place before you shop, you’ll know what to expect and if any unforseen events occur, you will know how to overcome them.

                             Working to ensure you find the right condo for you

I know there are buyers who prefer to search MLS real estate listings, go to lots of open houses, spend weekends & evenings looking and looking and trying to find the right place or perhaps, even a bargain.

As a professional Realtor , I have helped hundreds of house & condo buyers in London Ontario and I can veify that buying a home can take an enormous amount of time, even patience,  I do it every day, so for the ‘lone rangers’, go for it!

search condos in London Ontario on MLS

For those of you who are looking for that ideal condo, perhaps one not even on MLS yet & would like professional real estate guidance, negotiation, diligence and care, our “Dedicated Home Buyer Program” may be something that you have been looking for.

  Condominium living :

Couple buying a condo in London Ontario

    Most  newspapers now include a condominium section which recognizes the increasing number of people who already live in—or aspire to live in—a condominium.

  The Canada Mortgage and Housing Corporation (CMHC) has created a  guide to help you become an informed condominium buyer and to help you make the best choice. At the end of the CMHC Guide you will find full definitions of some of the terms used.

   It will identify important questions to ask—and the people you should be asking—before you make this important purchase.

  Searching to buy a condo in London Ontario

 At the end of the report, there is a selection checklist to help you narrow down the choice between the different types of condominiums you might see.

  Another great information tool is our own Condos in London guide,  one that I have been providing to Londoners for the last 15 years, in it you will see price ranges and styles of condos, neighbourhoods, specific buildings or complexes, local London Ontario links and telephone numbers, maps and tips.

I hope you will find it as helpful as hundreds of clients have.

   Try this Tool Kit if you are looking for tips and ideas when buying real estate

 homebuyers toolkit

 

Plan & Plan & Plan Before Buying a Condo in London Ontario

Buying a condo in London can be an emotional experience. It can also be time consuming and comes with a myriad of details. Some buyers, (and their agents), however, caught up in the excitement of buying a condo, tend to overlook some items.

Buying a condo in London the right way

These errors generally fall into three areas:

  • Paying too much
  • Losing a dream condo to another buyer
  • Buying the wrong condo

When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors.

Bidding without sufficient information

Buying the wrong condo for you

Unclear title

Inaccurate Survey

Unexpected repairs

Not getting Mortgage pre-approval

Hidden costs

Rushing the closing

Why do we know this? We assist home buyers every day, 7 days a week and from many years of experience, we understand what it takes to guide,  find, select, negotiate and follow all the steps necessary to make good decisions.

That must be the reasons we have repeat buyers and are referred to every day or do you think it just because we have a fancy website, are Realtors and are ugly looking?