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Nobody is Buying Tenanted Properties

Posted on Oct 07, 2024

Tenanted properties are proving to be very difficult to sell right now in BC.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses what he is currently seeing when selling tenanted properties, including what prospective buyers are saying.

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Book time with Steve: https://calendly.com/stevekarrasch

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This Mortgage Could Cost you Big Time!

Posted on Oct 02, 2024

There is a clause written in the terms of almost every mortgage that you need to know about, and that is , the “Total Indebtedness” clause.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the total indebtedness clause, what you need to be aware of and what you should consider should you want to take out...

Don't Buy Mortgage Insurance

Posted on Sep 25, 2024

What is the deal with mortgage insurance and is it something you should be purchasing from the financial institution that holds your mortgage, or is there something else that could be more beneficial to you?

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses critical illness and mortgage insurance offered t...

30 Year Amortizations & $1.5M CMHC Mortgages

Posted on Sep 19, 2024

The Canadian Federal government announced two major changes to mortgage lending in the hopes to open the home ownership door to more Canadians. The first being, to increase CMHC insurable loans on a maximum home purchase of $999,999 to $1,500,000 and the second being extending 30 year amortizations to all qualifying homeowners.

In today’s video, Su...

How to Read a Real Estate Title Search

Posted on Sep 16, 2024

When you purchase a property in the province of BC the title or ownership for that property will transfer from the seller to you! So what exactly does a Title Search document look like and what does all that information mean?

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the importance of and how to re...

Fraser Valley Home Prices JUMP in August 2024

Posted on Sep 09, 2024

September is here and the fall market is right around the corner. So what are we seeing in terms of sales, listings and sales prices in the Fraser Valley?

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the FVREB stats package and reviews the number of sales, new listings, active listin...