How to Be Prepared for Viewing & Bidding on Properties in a Hot Market
Posted by Greg Dewar on
If you are starting to look for a new home to buy in the Cambridge area, it is important that you seek professional real estate advice and representation from a skilled agent. Cambridge real estate is in unprecedented demand, and many listings are only on the market for a few days. In addition, some properties receive multiple offers, and a bidding war ensues. At Dewar Realty, we can help you to get a great deal on a property that is right for you. There are several strategies that may be used to buy a house in the current market.
A Competitive Price Offer
In some real estate markets, it is reasonable for a buyer to make an offer below the asking price. However, because Cambridge real estate is in such high demand, this is usually not the case here.…
1492 Views, 0 Comments
When it comes to buying a home in a hot market, you have to bring your ‘A’ Game. There are too many others out there looking for their dream house, just like you. This means you need to set yourself apart from the rest of the candidates in order to stand out. There are a variety of things you can do to give yourself the best shot possible.
A tree-lined street with century-old oaks and stately, ancient homes has great curb appeal. However, before you invest your life savings into purchasing an antique home with tons of character, make sure you know what you are signing up for. Keep in mind that there is a huge commitment in time, cost and energy. Do as much as you can before you make an offer to avoid unforeseen issues down the road.
Owning a home in the country is a dream for many people. Wide open spaces, fresh air, plenty of room to do your own thing – it is understandable that living a rural lifestyle is appealing. But when you get down to the actual home buying process in a country environment, it is important to remember that such properties present a unique set of potential problems.
Buying and selling property in Ontario is very nuances. Seasons and weather factor heavily in determining the real estate market; the busiest time for both buying and selling is in the spring and to a lesser extent the fall. Unfortunately, if you are caught between these high times, it can be very difficult to move on a property. The conundrum is that in Ontario, the best time to buy and sell often coincide. So, it can be difficult to get a good deal (buying) and drive up asking prices (selling) when the market is so competitive
Living in the city can be a great choice for many people. The culture, the nightlife, and the proximity to essential amenities can be an alluring draw for those looking to live at a faster pace than in the suburbs or country. Add this to the fact that many Southwestern Ontario cities, like Cambridge, are sponsoring multi-million dollar projects to update and improve their downtown cores and you may have a compelling argument for living the city lifestyle!
Shopping for a new home can be an overwhelming experience. When you’re busy looking at multiple homes over a short period, it can be easy to miss details in a house which might add a lot of value to you and your family’s living experience in the long run. In this blog, we’ll look at several updates, installations and features you should look for in a property when choosing a new home.
There are many important factors to consider when buying a new home, and certainly high on the list is the location of the new property. Even something as innocuous as whether the home catches the sun in the morning or evening can influence a purchaser’s buying decision. This blog will explore location-based characteristics to consider when buying or selling property. It can be used by home buyers – to ensure they’ve considered all relevant location-related questions when inspecting a new property – and by sellers – to help accentuate the positive aspects of their land’s location when marketing their home.
If you are preparing to buy your first home, there are additional pre-closing, closing, and post-closing costs above the down payment that you may need to include in your budget. At Dewar Realty, we can help you through the home buying process so you don’t get hit with unexpected fees. Check out our guide below.
When I talk to millennials (those born between 1980 and 2000) their number one concern when it comes to property ownership is affordability. To be fair, they have a lot of legitimate financial challenges ahead. A volatile labour market, high demand for real estate, and rising property prices in major urban centres combine to make it difficult for this new generation to buy a house at an early age. However, a willingness to compromise on location, strong financial prudence, and knowing what they want in a home can go a long way towards helping millennials purchase the perfect house for them.