homes for sale

44 centre Grand Bend Ontario | HOME/COTTAGE for sale | Prime Real Estate Brokerage

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FOR SALE

PRICE: $599,000.00

44 centre Grand Bend Ontario

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Located in the Heart of grand bend, within walking distance to the beach and most Grand Bend amenities. This home has been meticulously updated throughout and is full of character and pride of ownership. Situated on one of the most spectacular corner lots in the area this is truly a property to be seen. From the waterfalls to wraparound decks the outdoor living is just perfect. Not to mention it is currently used as two completely separate units with full kitchens and baths, but it could easily be reverted back to one large single family home or cottage. Perfect if you are looking for a cottage for yourself or to split on with some friends or family. Keep in mind prices are rising and with some exciting developments in the area you won’t want to miss this opportunity. Enjoy one of the worlds most beautiful sunsets and the benefit of a quickly appreciating market.

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PRIME REAL ESTATE BROKERAGE

Info@PrimeBrokerage.ca

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#THECLOSERSDAILY : EPISODE 271: DON'T BUY IT

So this episode is a warning message to you guys and also very simple. So stuff is being relisted and sold on a daily basis. Find out what the history of that property is. There was a multifamily property that we saw hit the system yesterday that we had under contract about five months ago. We had it under contract around 370, and then we found out the windows were improperly installed. You're likely looking at another $20,000 to re-add that property. Now, in the interim, the selling agent ending up finding their own buyer and selling it for 390 to their buyer. Hit the system again today after they did $50,000 of improvements, and it's listed for 420. Now, do that math, add in, say, a 5% real estate selling commission, and think about how much money that purchaser is losing. So don't rush into something just 'cause you're scared to lose it. Take your time, do your due diligence, do proper home inspections. Especially getting into the spring months, people can get excited about owning properties and stumble into problems.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 190: GIMME ALL YOUR MONEY

Let's cover another riveting topic in real estate. This one has to do with deposits on a contract. How does it work? Usually works one or two ways, you can either submit a deposit when you actually submit the offer, or you can have it upon acceptance. So if they accept your offer, what is that look like? Well, in a standard contract it has to be given to the selling brokerage within 24 hours of acceptance of the offer. If you're late on that they can actually try and squeak out of the deal. I've heard in Toronto when they hear another buyer is lined up they often try to do that, doesn't necessarily happen as much in our market, but it's something to be aware of. Now, once The brokerage receives that deposit, they've got five business days to get it into their trust account. A trust account is where the deposit is held while the buyers are fulfilling conditions so that it is protected. Typically they're non interest-bearing. Deposits work in a lot of different ways. You can put some stipulations in the schedule "A" of your contract. If you have any specific questions, hit us up in the DMs. Thank you for watching, we love you guys.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 173: YOU OVERPAID AND UNDERSOLD

So it's late at night, you're sitting in bed, you just sold your house and you start thinking, did I sell my property for enough money? Could I have gotten more? Or you're a buyer, and you're thinking I just firmed up on that deal, could I have gotten it for a better price? Or did I buy something that nobody else wanted? What you're experiencing is called buyers or sellers remorse. Totally normal emotions to have. Comes up in almost any real estate transaction in our industry. What I can say about it is, you gotta gotta go back to the advice, we always talk about and that's not getting emotional about the transaction. Make a plan from the outside. If you're selling, make sure you have an understanding of what your net proceeds are gonna be of that sale. Kinda what the low medium and high confidence limit is in your market, and anything above that high point is gonna be gravy on top, but at least you understand your product and you're not second guessing yourself. And if you're a buyer, same thing. Build your portfolio or what you're looking to require from the outset, stick to that plan. And don't get caught chasing deals. I've seen people lose deals, 'cause they're trying to chase an off market squeeze an extra couple grand out of it.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 141: A BIRD AND A BUSH

What's up everybody? Episode 141 of The Closers Daily. So got a real life true story for you that we're gonna be monitoring over the next little bit. So we'll talk about it again in a future episode. Here's the scoop. Vacant piece of land listed for sale. Was on the market for a long time. Buyer low balls them about a year ago. Seller dies in the meantime and I guess what they ended up doing was saying "Hey listen we can't take any offers on the property. It's going to probate". I know they got called by about four different people. They were all excited about the lot. They didn't take any offers, any type of conditional offers coz obviously they couldn't deal with them and they just relisted the property now. The tricky thing is they upped the price thinking all these people are still around. I know for a fact that at least three of them are gone. So they'll be lucky if even the first person is still sticking around and the fact that they jumped the price, they maybe singing crickets. So you know I would always advise, work with your real estate agent, work with your lawyer. If you have interested parties, find a way to except an offer even if it's conditional on ending the probate so then that way when it comes time to close on the transaction and we have the conditions, you still have that high high price that you got from that sense of urgency and --

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 136: HACKED

I'm Justin Konikow, welcome to episode 136 of The Closers Daily. So long weekend's ahead of us, as usual, and we're not going to be posting on Sunday. We're actually gonna take Monday off as well, so we'll resume the series on Tuesday. Just thought a little tidbit of information you guys might like to know is the All-Star Board got hacked today. So the Board is where real estate agents are typically members, when they're working a territory, so there's the Toronto Board, the Huron Board, the All-Star Board, which is our board, not quite sure what the hack means. If you follow our Instagram stories we'll update you as we get the emails from All-Star. I know we got some weird inquiries from All-Star and from realtor.ca, it seemed like they were 15 or 16 year old kids asking questions and texting us, maybe they got their information fromt the board, who knows? I just wanted to use this Closers Daily as a lesson to you guys to be careful about the information that you guys put out there and what you tell people when they're requesting things from you. Make sure you know who you're talking to, maybe grab a phone and just jump on a call. I know I've heard horror stories in the States and, I think, one in Toronto, where somebody had given a deposit to somebody through email thinking it was their agent and it wasn't, agent got sued, big deal. Just make sure you're--

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 104: OFF MARKET DEALS

Welcome to The Closers Daily episode number 104. So we've been touring people all day long looking at investment properties and thought we'd touch on something when it comes to finding off-market deals and what that is is finding an off-market deal may not always be what it's cracked up to be. Make sure you've got somebody in your pocket so that you can get the real story on that property and have somebody represent you in that transaction. They can be kind of tricky to deal with. Sometimes they can represent things that aren't necessarily true. Like maybe they recently bought it. They are representing upgrades that the previous owner did and then adding a whole bunch of money to the price because the market seems to have increased. You gotta be really careful and look to the back story. Always google the address. You'll be surprised at some of the things that pop up when it comes to that address and don't get emotional about it. I always say this to people but leave your emotions out of it. If it fits your portfolio and the numbers work, take a look at it. And if they are making a whole bunch of money but the numbers still work for you, don't necessarily worry about them, worry about what you're doing.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

#THECLOSERSDAILY : EPISODE 66: UNCLE JIMMY THE LAWYER

Welcome to The Closers After Dark. Just kidding, it's still The Closers Daily episode 66. We're just at the office super late. So got a question today about what can happen if a firm deal doesn't close. So a lot of buyers are putting contracts on properties without going through their due diligence. Say I list a property for $450, accept an offer $475, but they can't provide funds on closing, and then the lawyers just can't get it done, and the buyers can't get it done. You would be able to go after them and sue them for damages but you have to prove enough damages to make it worthwhile. So say you sold it again on market for $490, well you made a profit so have a really hard time proving damages but say you sold it for $450 and then you leased the property based on that sale and a whole bunch of other stuff then you might have a little bit more recourse. At the end of the day, make sure you're using a real estate specific lawyer. That's a legal question not a real estate question. We are not lawyers, we are not representing. We know what we are doing in a legal capacity but just telling you what we have seen out there. One thing is if Uncle Jimmy does a whole bunch of law but he's not real estate specific, I'd say go and find yourself a good real estate lawyer. We have a couple we use. Feel free to reach out and we'll connect you guys. Take care.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

REAL ESTATE TIPS AND TRICKS FOR BUYERS INVESTORS AND BIGGEST MISTAKES AGENTS MAKE!!!

Episode 004 :

 

Take a peek and let us know what you think it would mean the world to us. Oh and hit that nifty little subscribe button on the channel. Some gold coming next week :)

 

CLOSING TIME EPISODE 004 A little insight into our day to day. Locally owned #RealEstate firm with Global reach🌍Serving London Ontario, Grand Bend, Bayfield, and Elgin and Middlesex Counties✈️Residential, Commerical+ Investing specialists💰 Covering a variety of topics including: -Paddle boarding - Real Estate Agent Advice -How's the Market? -Agents Need to Earn their Value -Appraisals -Commercial Real Estate -The FUTURE of Commercial building Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”

How a Commercial Realtor Helps