Found 27 blog entries tagged as real estate.

In The News

IN THE NEWS

A quick look at the stories that are affecting our local real estate market. [June 30th, 2022]


OSFI makes real estate loan changes aimed at reducing lender risk

June 28, 2022 - cambridgetoday.ca

Canada's banking regulator is tightening requirements for some types of real estate loans to protect homeowners who may be at greater risk from higher interest rates.

The Office of the Superintendent of Financial Institutions says changes affect combined loan plans like reverse mortgages or loans with shared equity features, which have grown in popularity in recent years but may be riskier for lenders.

For borrowers who owe more than 65 per cent of the loan value, a portion of their payment must to go toward the loan principal…

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Buying a House?
Here's Where To Start.

When you're thinking about getting into the real estate market, there are some things you need to know before buying a house. From the mortgage to the closing costs, there are many things you should be aware of before thinking about purchasing a home - whether it is your first or tenth.

Before Your Start

Make a complete checklist of what you want and what you need to do. This will help you in the buying process and ensure you don't forget anything important. It's also good idea to have realistic expectations about the things you need in a home.

How's Your Credit?

Strengthen your credit score. Your monthly payments will be lower when you have a high credit score. Experts also recommend that you stop…

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Are You Worried About Buying and Selling in Today's Market?

Perhaps the most common concern that I've been hearing from homeowners lately, is that of uncertainty in regards to finding a new home after committing to the sale of their current one. "Where will we go, and what if we can't find a new home in this market?" The fact is true that the market has been interesting to navigate over the last two years, but that should never prevent you from your real estate goals.

Thinking about selling your current home, but worried about buying your next one?

- The Purchase -

The market has been a bit crazy over the past two years, but things have started to settle down. As more homes hit the market this Spring and average selling prices begin to…

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Home selling mistakes to avoid Home Selling Mistakes To Avoid

Selling your home can be an overwhelming process but that’s why I’m bringing you my list of the top home-selling mistakes that people often make. Keep this list in mind and you’ll be able to avoid some of the most common home-selling mistakes and make yourself thousands of dollars or more!

1. Pricing Your Home Too High

I've mentioned this before and it’s worth mentioning again. A home that is priced too high will discourage people from making an offer. Even if you think that the granite countertops you installed should allow you to raise your price, if it’s drastically over-priced compared to other houses on the street, it won’t bode well. It’s important to remember that your home is only worth what people are…

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Neighbourhood Spotlight:

Preston neighbourhood in Cambridge OntarioPreston

As a realtor who has a large focus in Cambridge, I think it’s important to understand the differences between each Cambridge neighbourhood before you decide to purchase a home in the area. This week I’m going to go in-depth about the different areas in the neighbourhood of Preston, which is centrally located in Cambridge.

Historic Downtown Preston is divided into North and South by King Street. Since this area is so centrally located, it’s a great place to live since you can get to most places in Cambridge very quickly. Riverside Park is Cambridge’s largest park and is conveniently located in Preston. Perfect for the outdoors-types, it runs along the length of the river and has beautiful walking paths and…

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18 Tannery St E Cambridge ON N3C 2C1We've Moved!

It was a long road but Dewar Realty has officially moved into our new home at:

18 Tannery St E in Cambridge!

This historic building in the heart of Hespeler was built in 1892, and was the home of the local Baptist church. In 1954  it changed hands and became the Salvation Army Citadel. The local history that this church has been a part of, and the stories the walls could share, are key elements of what we love about our new home.
(read more below for some Hespeler history!)

As your local hometown brokerage, we love Cambridge as much as anyone. We are proud to restore life back into this monument of our city's story, and we hope you'll stop by to say hi! We are still settling in and finishing some final touches, but don't let that…

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You Have Received an Offer! Now What?



You never truly know what buyers are thinking when they make an offer, but, the ease of negotiations will be directly linked to the amount of preparation you've put into listing your home.

Below are your main areas of focus.

Working with the Price

If you get your asking price, or even over it, that's fantastic! If you don't find the price appropriate you can sign the offer back. This means you're refusing the offer and would like to make changes. One thing to remember is that buyers ultimately decide what your house is worth. If the showing feedback & offer history shows that your price may be high, then be flexible. There may be other ways to save money.

Working with the Closing Date

When do you…

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Buyer's Remorse - Avoid Costly Surprises

Buyer's Remorse Avoiding Costly Surprises when buying a home. frustrated manBuying a home is a process that most people will only go through once, and it should be a fun and positive experience. After all, this is the biggest purchase you are likely to make in your lifetime, and big moments are to be enjoyed. So you grab your list of new home "must-haves", start searching online for local listings, and you begin making calls to book some house showings. Eventually, you find 'the home', you put in an offer, and congratulations you are now a homeowner! But what happens when the dust settles, and you realize that your new home is full of surprises - and some are unpleasant ones?

There are so many details to consider when house hunting, that it can be very easy to overlook even big…

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How To Price Your Home For Sale

Do you know what your home is worth? Do you know what your homes will sell for? Probably not!

We all want to achieve the highest possible sale price for our home. Consider this when establishing an asking price. In 2014 - 6,638 homes were listed in Cambridge and 3,131 of them sold. This means that only 47% were able to sell their home. So, how do you join the SOLD percentage?

Pricing your Cambridge, ON home accurately is very important to achieving a sale, so be realistic. The price is the first thing buyers look at and if they feel your home is overpriced it can linger on the market, or encourage buyers to look at other options. Remember - Although you set the asking price, the value of your home is determined…

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Spotlight on Cambridge Neighbourhoods: HESPELER

Cambridge, Ontario is an amazing and diverse city made up of a selection of unique neighbourhoods to call home. However, before you buy a home in any neighbourhood, you'll want to do some research and make sure it's the right place for you and your needs - if you have a family to keep in mind, if you need to be close to the office, or if you need to be near the best jogging trails, and everything in-between.

In this article, I'll be going into depth about Hespeler, one of my personal favourite neighbourhoods in Cambridge. One of the great things about Hespeler is that the houses range from brand new to historic homes that are over 100 years old. The Speed River runs through the middle of Hespeler and…

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