London, ON Home Buying Guide
Ready to make one of life's biggest investments in London, Ontario? Buying a home is exciting, but it raises questions. As your CENTURY 21® REALTOR®, Paige McCann, I'm more than just an agent – I'm your partner throughout the London home buying process. Trust my expertise to find your dream home in the Forest City.
London, ON Home Buying Guide
Ready to make one of life's biggest investments in London, Ontario? Buying a home is exciting, but it raises questions. As your CENTURY 21® REALTOR®, Paige McCann, I'm more than just an agent – I'm your partner throughout the London home buying process. Trust my expertise to find your dream home in the Forest City.
YOUR HOME BUYING PARTNER: FIND YOUR PERFECT IN LONDON, ON
If you're buying, I can enhance your search process by helping you uncover what you may not have considered. Whether it is schools, lifestyle, or the investment value of the property. Using our property search tools, you will be able to find the home that best meets your needs. Finally, with the knowledge of the market, real estate expertise and negotiating skills, I will help you get the best possible deal and handle all the critical details.
Featured listings
Featured listings
HOME BUYER'S GLOSSARY
AMORTIZATION SCHEDULE
The number of years it takes to repay the entire amount of the financing based on a set of fixed payments.
Equity
The process of determining the market value of a property.
Mortgage
A mortgage that can not be prepaid or negotiated for a set period of time without penalties.
Closing date
The date on which the new owner takes possession of the property and the sale becomes final.
Collateral
An asset, such as term deposit, Canada Savings Bond, or automobile, that you offer as security for a loan.
Deposit
A sum of money deposited in trust by the purchaser on making an offer to purchase. When the offer is accepted by the vendor (Seller), the deposit is held in trust by the listing real estate broker, lawyer, or notary, until the closing date of sale, at which point it is given to the vendor.
Equity
The difference between the market value of the property and any outstanding mortgages registered against the property. This difference belongs to the owner of that property.
Term
A mortgage is a loan that uses a piece of real estate as a security. Once the loan is paid-off, the lender provides a discharge for that mortgage.
Term
The period of time the financing agreement covers. The terms available are; 6 Month, 1,2,3,4,5,6,7,10 year terms, and the interest rate will be fixed for whatever term one chooses.
Get the Inside Scoop on London, ON
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ACHIEVE YOUR LONDON, ON HOMEOWNERSHIP DREAMS
Ready to find your perfect place in London, Ontario? I'm here to guide you on your homeownership journey. Let's start the process today and tap into my:
The Ralph Real Estate Team
INFO & SERVICES
CENTURY 21 First Canadian Corp. Brokerage
420 York Street, London, ON N6B1R1
(519) 860-4456
INFO & SERVICES
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