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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...

8 Phrases that Sabotage Your Home Sale

Posted on Sep 04, 2024

Sellers commonly talk themselves into 8 common objectives when it comes to pricing their properties in a manner to achieve the best sale.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the 8 most common rationalities that sellers use to talk themselves into why their home is better than their neighb...

Offer Processed Simplified | Surrey Home Buying Flow Chart

Posted on Aug 28, 2024

The process of searching for, viewing and then making an offer on a property can be overwhelming, as there are many steps involved.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the process of searching, viewing and offering on a property, including what you need to know as a buyer.

Are you looking...

BoC Rate Cuts Won't Save Real Estate in Canada

Posted on Aug 26, 2024

The BoC is set to lower their overnight rate yet again this September. Will it jumpstart the market? Will home sales and prices accelerate? Or will real estate prices continue to drop?

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the upcoming expected BoC rate cut in September and his opinion on how t...