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    Explore " home for sale" with insightful episodes like "London Ontario Real Estate in 2024 - January kickoff episode!", "A London, Ontario Lawyer's Top Legal Pitfalls To Avoid When Buying or Selling Your Home", "Unlocking Financial Wisdom: Real Estate, Dad Club London, and Community Impact with Chris Burton", "Answering your summer 2023 London, Ontario Real Estate Questions about interest rates and the market" and "What's happening with the spring 2023 real estate market in London, Ontario?" from podcasts like ""The London, Ontario Real Estate Podcast", "The London, Ontario Real Estate Podcast", "The London, Ontario Real Estate Podcast", "The London, Ontario Real Estate Podcast" and "The London, Ontario Real Estate Podcast"" and more!

    Episodes (100)

    London Ontario Real Estate in 2024 - January kickoff episode!

    London Ontario Real Estate in 2024 - January kickoff episode!

    Local London Ontario real estate agent Phil Bailey chats about what he is currently seeing in the local real estate market early in the new year and what could be in store for 2024.  When will interest rates finally come down, what's going on with all these "fence sitters", and should you buy or sell your home first in 2024 in London? 

    Phil Bailey is a real estate agent with the HouseSigma Inc. Brokerage team in London and host of the London, Ontario Real Estate Podcast.  If you ever have real estate questions (or want to be on the podcast!) please reach out to Phil directly.  You can learn more about Phil here and check out his client reviews: https://www.philbailey.ca

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    A London, Ontario Lawyer's Top Legal Pitfalls To Avoid When Buying or Selling Your Home

    A London, Ontario Lawyer's Top Legal Pitfalls To Avoid When Buying or Selling Your Home

    Local London, Ontario real estate agent Phil Bailey sits down with real estate lawyer Jordan Overholt to discuss Jordan's top legal tips for buying or selling a home in London.  How can you avoid legal pitfalls and what happens when you walk away from a real estate deal?  Will you lose your deposit?  And, where do all the cool London lawyers eat lunch?

    Watch this full video episode on YouTube here (Subscribe pretty please):

    Phil's YouTube Channel

    This is a full-length episode of Phil's podcast -- The London, Ontario Real Estate Podcast.  Watch full episodes of the podcast on YouTube or listen to audio-only podcasts here: https://www.philbailey.ca/podcast

    Learn more about Jordan Overholt here: https://jtoverholt.com/

    Learn more about Phil Bailey here: https://www.philbailey.ca

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Unlocking Financial Wisdom: Real Estate, Dad Club London, and Community Impact with Chris Burton

    Unlocking Financial Wisdom: Real Estate, Dad Club London, and Community Impact with Chris Burton

    On this VERY special 29th episode of the podcast, Phil is joined by Chris Burton who is a Financial Security Advisor with Burton Financial Group in London, Ontario and President of Dad Club London.  Phil and Chris discuss such things as financial planning when buying real estate in London, why talking to your spouse about money is important, mortgage interest rates in August 2023, and the important work Dad Club London is doing for the London community right now. 

    Learn more about Chris Burton here

    Learn more about Dad Club London and get involved here

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Answering your summer 2023 London, Ontario Real Estate Questions about interest rates and the market

    Answering your summer 2023 London, Ontario Real Estate Questions about interest rates and the market

    In episode 28 of The London, Ontario Real Estate Podcast, host and local real estate agent Phil Bailey answers your real estate questions.  How is the June 2023 interest rate hike impacting the market?  Should you buy or sell your home first?  What do you think will happen this summer for real estate in London, Ontario? 

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    What's happening with the spring 2023 real estate market in London, Ontario?

    What's happening with the spring 2023 real estate market in London, Ontario?

    In episode 27 of The London, Ontario Real Estate Podcast, host and local real estate agent Phil Bailey talks about the big shift currently happening in London, Ontario real estate this spring.  What can buyers and sellers do to take advantage and win in this quickly changing market?

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Prepping Your Home for Sale

    Prepping Your Home for Sale

    In this episode, with special guest stars Natalie Baizana and Melanie Wright, we provide valuable tips and tricks on preparing your home for the market. Learn from the experts: how to focus your spending and maximize your home's value with minimal effort.

    Natalie Baizana: http://livelovehome.ca/natalie-baizana

    Melanie Wright: https://melaniewright.ca/

    Make sure to chek out and follow my social channels! https://shor.by/NickFundytus

    Episode 26 - Phil's Favourites - EatOA! and a high school reunion

    Episode 26 - Phil's Favourites - EatOA! and a high school reunion

    In this very special "Phil's Favourites" episode of The London, Ontario Real Estate Podcast, Phil chats with Bridget Fee from EatOA! in London's Old East Village. 

    EatOA! is your friendly neighbourhood kitchen located inside Anderson Craft Ales.  They focus on approachable, delicious food with an emphasis on supporting local purveyors.   You can learn more about EatOA here and check out their amazing menu!

    Some cool parts of this episode include an awesome list of businesses to visit in London, why being nice matters, and how supporting local is a big deal to both Phil and Bridget. 

    More about the podcast:

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Episode 25 - Getting ready for the 2023 spring real estate market in London, Ontario

    Episode 25 - Getting ready for the 2023 spring real estate market in London, Ontario

    In episode 25 of The London, Ontario Real Estate Podcast, host and local real estate agent Phil Bailey updates you on the early 2023 real estate market in London and provides his tips to get people ready for the quickly arriving spring market.

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.


    Episode 24 - Phil's Favourites - Kyle's Fried Chicken + BBQ

    Episode 24 - Phil's Favourites - Kyle's Fried Chicken + BBQ

    In this special episode of The London, Ontario Real Estate Podcast Phil launches "Phil's Favourites" where he interviews some of his favourite people in London, Ontario.  If you like delicious and approachable food in London you need to listen to this interview with the chicken man himself, Kyle Wyatt, from Kyle's Fried Chicken + BBQ.

    Located at 45 Pacific Court in London (Inside Forked River Brewing), Kyle is passionate about creating amazing food and providing excellent customer service which solidly puts him on the Phil's Favourites list.

    You can check out the Kyle's Fried Chicken + BBQ menu here.

    More about the podcast:

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Episode 23 - 2023 London, Ontario Real Estate kickoff episode. Your questions answered!

    Episode 23 - 2023 London, Ontario Real Estate kickoff episode. Your questions answered!

    In episode 23 of this new year kick-off podcast, Phil updates you on London's 2023 real estate market and answers your most common questions for the year ahead.

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.


    Episode 22 - What should London, Ontario real estate buyers and sellers think about this fall?

    Episode 22 - What should London, Ontario real estate buyers and sellers think about this fall?

    Are you curious to see what my general advice is for my buyers and sellers right now in the London, Ontario real estate market?  Tune in to get the inside scoop from a local real estate agent this fall of 2022. 

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    Episode 21 - Tips for buying your first investment property in London, Ontario and HouseSigma

    Episode 21 - Tips for buying your first investment property in London, Ontario and HouseSigma

    Interested in buying your first investment property in the London, Ontario area or building your local real estate investment portfolio? On this episode of the podcast, Phil talks about his switch to HouseSigma, his new brokerage in London, and chats with Spencer Murray, a mortgage broker with The Modern Mortgage Unlimited Company, about tips for new real estate investors and how financing works.  Take a listen to episode 21 of The London, Ontario Real Estate Podcast!

    You can email Spencer directly with any questions at spencer.murray@modernmortgage.co or text him at  (519) 719-4565.

    If you are thinking about buying or selling a home or condo in London, Ontario and area, please feel free to reach out to Phil with any questions at any time via email or by text (226-977-2348).  Always here to help with your real estate questions.

    Learn more about London real estate from Phil and search local listings here - www.philbailey.ca

    Phil Bailey is a Sales Representative with HouseSigma Inc. Brokerage in London, Ontario, Canada.

    Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area.  I always recommend speaking to professionals about your specific situation before making any big decisions.

    What To Look For in an Investment Property

    What To Look For in an Investment Property
    Four basic things to look for when searching for an investment property. Investment properties are being talked about all the time in our current real estate market. Many people are looking for great properties to invest in right now. Today I’m sharing the four basic things you want to look for when buying an investment property. These are the main things you need to understand before taking the first step toward investing in real estate. Feel free to watch the full message above or use these timestamps that will direct you to various points in the video: 0:00 — Introduction to today’s topic 0:55 — No. 1: Projected income 1:55 — No. 2: The current tenant situation 2:55 — No. 3: The condition of the property 4:15 — No. 4: Consider the utilities 6:00 — Wrapping up today’s topic If you have questions about investing in real estate or are considering doing so, reach out via phone or email. I can give you direction and plenty of advice.

    Why Real Estate Protects You From Inflation

    Why Real Estate Protects You From Inflation
    Explaining inflation and how real estate is a good hedge against it. Inflation: what is it, and how can real estate hedge against it? I am no financial expert, but I have been doing some research recently, so I wanted to share what I know. Inflation is a currency’s loss of value over time. Experts track inflation by watching how the prices fluctuate for a group of goods over a specific period. According to Forbes, the inflation rate at the end of February 2022 was 7.9%. That’s the highest it has been since January 1982 when it was 7.5%. The only group that hates inflation more than we do is the Federal Reserve. They have two jobs: controlling inflation and maximizing employment. This time around, the Fed was a little slow to realize that our inflation wasn’t just because we were in a transitory period. However, they’ve realized that inflation is a problem over recent months and have taken a monetary policy approach to make sure it doesn’t impact the general economy. “Real estate can be a great place to put your money to hedge against inflation.” Inflation isn’t going anywhere, though. The rate of inflation in February was driven by gains in the food, gasoline, and shelter industries. This puts more pressure on the average American family. How does real estate hedge against inflation? As your home price rises, the loan-to-value ratio of your house decreases. Your equity will grow, but your mortgage payments will stay the same. When property prices rise, rents also tend to go up. If you’re collecting more rent, your profit margin might increase because your mortgage will stay the same. Home prices have also increased steadily over time. Even after the crash of 2007, home values returned to their pre-crash numbers after a decade. In the last two years alone, we’ve seen 33% appreciation. The value of your home will be there in the long run. Even as the value of the dollar goes down, your home will continue to grow in price.  Real estate can be a great place to put your money to hedge against inflation. If you’re interested in learning more, talk to your financial advisor. If you’re thinking about investing in real estate, contact your real estate advisor. Of course, I’m happy to answer any further questions you have. Just give me a call or send me an email. I’d love to hear from you.

    Pay Attention to These 6 Things Before Buying a Flip

    Pay Attention to These 6 Things Before Buying a Flip
    Here are six things to watch out for when buying a flipped property. Are you looking to buy a flipped home? Because of our low inventory, it’s an increasingly popular option. However, not every flip is created equal. Some people may rush their renovations to turn a quick buck, while others may be new to the business and make some rookie mistakes. That’s why today I want to share six things you should pay attention to before you buy a flipped home.  You can watch my full explanation in the video above, or you can skip to each topic using the timestamps provided: 0:00 — Introduction  0:45 — No. 1: Look at the building permits 1:47 — No. 2: Check the paint job 2:38 — No. 3: Plumbing and electrical work 3:47 — No. 4: Check the cabinets 5:02 — No. 5: Flooring 6:51 — No. 6: Doors and windows 8:22 — Wrapping up  If you have questions about today’s topic, please call or email me. I am always willing to help!

    Avoid These 4 New Homeowner Mistakes

    Avoid These 4 New Homeowner Mistakes
    Discussing four common mistakes new homeowners tend to make. Have you purchased your first home recently? Homeownership is exciting, but it’s easy to make mistakes when you’re first getting started. That’s why today I want to go over four common mistakes first-time homeowners make that you should avoid: Mistake No. 1: Ignoring your home inspection report. If you ignore your home inspection report or treat it like a list of chores you don’t want to do, it could cost you in the long run. Some issues are a matter of basic safety, while others are much cheaper to fix sooner rather than later. Talk with your Realtor to find out which items you need to address immediately. Mistake No. 2: Making improvements without checking the return. I’m not saying every upgrade you make needs to be made solely for return on investment, but check with your Realtor to make sure your renovations make sense. For example, you can build a full trampoline park in your backyard because you’re passionate about trampolines, but understand that this update probably won’t net you a great ROI. “Your Realtor can refer you to a great contractor for any job. ” Mistake No. 3: Choosing the lowest bid for a repair or upgrade. When you decide to change your home, don’t just pick the contractor with the lowest cost. Shop around and ask your Realtor for referrals. They’ve probably had clients make the same upgrade you want to make, so they can refer you to someone you know will get the job done well. Mistake No. 4: Submitting insurance claims too often. As issues come up, don’t get too excited about submitting claims. If you make too many small claims, there’s a good chance you could get dropped from your insurance. Save insurance claims for big problems that you can’t fix yourself. If you have any questions about today’s video, please call or email me. I look forward to hearing from you!

    Sellers: Why Waiting Will Hurt You

    Sellers: Why Waiting Will Hurt You
    Here are four reasons why you shouldn’t wait to sell your home. Should you wait and sell your home in the spring? Absolutely not because doing so could cost you money. Today I want to share a couple of reasons why that is: 1. The selling season starts now. As soon as the holidays are behind us, people refocus on buying or selling their homes. The early parts of January and February are when the market starts to wind up. You don’t have to wait until June to maximize buyer activity. ​​​​2. ​​​​There is less competition. Not everyone is thinking about selling their home at the start of the year, but once you get into that May or June time frame, everyone is listing their houses. Competition rises, and prices flatten. Right now, there’s low inventory and high demand, so the earlier you list, the less competition and the higher the price. 3. Demand is still high. The buyer pool might have cooled off during the holidays, but people are still looking for homes. On top of that, the buyers right now are serious and highly motivated. In the spring, you might get twice as many showings, but they might just be looking at houses more for fun than in earnest.  4. Interest rates will probably go up. When rates go up even half a percent, it reduces the buying power of people in the market and puts downward pressure on prices. We still have low supply, so we’re not sure how it will affect prices. However, you want buyers to get the best possible rate for your home, and that’s only possible right now. If you have any questions about why you should sell now or real estate in general, feel free to call or email me or my team. We would love to help you.

    What Will the Mortgage Environment Look Like in 2022?

    What Will the Mortgage Environment Look Like in 2022?
    Here’s what Rick Scherer expects for mortgage rates in 2022. Today we’re going to talk about the mortgage rate environment. We’re bringing in Rick Scherer, the CEO of OnTo Mortgage, to talk about where he thinks rates are heading in 2022. He doesn’t have a crystal ball, but he has the knowledge and experience to make some great predictions. You can watch the full episode above, or you can skip to each section using the timestamps provided below:  0:1 7— Introducing Rick Scherer 0:50 — Where do you see rates heading in 2022? 2:03 — What do climbing rates mean for the economy? 3:02 — What do the loan limit announcements mean for buyers? 4:24 — Using low-money-down programs 5:22 — Wrapping up I hope you learned as much from this conversation as I did. If you have any questions for Rick, call him at 617-778-0024 or email him at rick@ontomortgage.com. If you have any questions for me, feel free to call or email me as well. I’d love to hear from you.

    Bonus Episode: Thanksgiving Killer - Joel Guy Jr.

    Bonus Episode: Thanksgiving Killer - Joel Guy Jr.

    Hard to believe that anyone can muster enough energy to drive home after a turkey dinner, let alone murder and dismember two people in his family, but Joel Guy Jr did his best to prove my theory wrong!

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    Episode written by Christina Van De Water
    Episode Editing by Christina Van De Water
    Co-Hosted by Christina Van De Water & Kristen Varney


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    4 Costs To Consider When You Buy

    4 Costs To Consider When You Buy
    Here are four home-buying costs that might catch you by surprise. This week, we’re talking about how expensive it is to buy homes, and I don’t just mean the price of homes in today’s hot market. There are a lot of additional costs that can creep up and shock you at the closing table, especially if you’re a first-time homebuyer. Let’s talk about the four costs you haven’t factored in while buying a home: 1. Home inspection. You have to pay for the inspection. Even if that inspection reveals something and you back out of the purchase, you don’t get that money back. It’s an expense for a service. Inspections aren’t cheap either; they can cost from $400 to $600, and if you need to get something like a well test, it could be as much as $800 to $1,000.  Don’t get me wrong; that money is the best money you’ll spend during any real estate transaction. It can save you thousands or hundreds of thousands of dollars, but it’s important to factor in those costs. 2. Additional closing costs. This includes a lot of different things. You need to bring more money to the closing table than just your closing costs and lender fees. Prorated taxes and prepaid taxes are good examples. If the homeowner has paid taxes for the next quarter, you’ll need to pay them for the time from the closing date to the end of that quarter. You’ll also need to prepay the taxes for the next quarter so that your mortgage company has enough in the escrow account to pay for them.  Most of the time, lenders will require you to buy homeowners insurance and pay the premium in full for the whole year before closing. You’re also going to have to pay the lender’s coverage for title insurance, but there’s also an optional owner’s coverage that you can buy. Hopefully, title insurance is never used, but it is money well spent in case there is a problem. Also, if the seller has paid ahead on condo or HOA fees, you may have to pay a portion of that back to them at closing.  “ Do your due diligence and factor these costs into your budget before you buy.” 3. Moving expenses. If you’re a first-time homebuyer, you might have a group of friends ready to help you move, and you plan to pay them in pizza and beer. If you’re like me, that’s no longer an option; you’ll have to pay for the move. This can be fairly expensive, especially if you hire a good company to make sure your items are taken care of. Moving across town can cost several thousand dollars, and it can cost even more if you’re moving across the country.  4. Immediate purchases. When you move into a new home, you may need stuff: curtains, blinds, or stuff for your kitchen. You’ll have to buy some things immediately. Think about cleaning supplies, bathroom supplies, groceries, cable, phone, and TV. Ask yourself what you might need right out of the gate, and budget for those items.
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