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August 2021

Buy Now Using Young Money!

Posted on Aug 16, 2021



Your "Young Money" is worth more than your "Old Money" because real estate costs less now than it will in the future. So as a result, getting into the market, even with CMHC Fees and future transfer taxes is always the better move.

In this video, Surrey Real Estate Agent, Steve Karrasch of Macdonald Realty, gives tow examples of how starting saving...

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Fixtures Vs Chattels

Posted on Aug 13, 2021


Do you know the difference between a Fixture and a Chattel?

Multiple times in the last few months, our buyers have taken possession of their new homes, only to find out that the Seller are technically stealing something that was fixed to the property and written into the contract.

A Fixture is attached and goes with the Real Estate when it is sold.

A...

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I Just Cancelled My Home Insurance

Posted on Aug 11, 2021 in Real Estate Tips


I just cancelled my strata home insurance here in Surrey, because the BC Strata Insurance crisis is officially over! Or is it?

If your strata is like mine and they finally have full coverage, you are going to want to check and make sure that your owners policy covers the strata's high deductibles in the event of a claim (most specifically water loss...

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What Is A Subject?

Posted on Aug 09, 2021


What is a Subject in Real Estate and what does Subject Free mean?

In this video Surrey Real Estate Agent Steve Karrasch of Macdonald Realty covers the subject of “Subjects”.

What are they, who do they benefit and how much do they cost?

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If you are looking for help or have an...

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Surrey Housing Price Review

Posted on Aug 06, 2021 in Market Updates


In this month’s Surrey Report, Steve Karrasch of Macdonald Realty takes a look back at the first six months of 2021 to see where we started, how far we have come and what it all might mean in for the Surrey real estate market this fall.

Benchmark Prices for Surrey Combined:

Detached: $1,431,300 +29.4%
Townhouses: $710,200 +21.1%
Condos: $446,800 +10.5...

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The Canadian Real Estate Market Is About To Change!

Posted on Aug 04, 2021


Well the Canadian real estate market is poised for another big change as a result of something that happened back in June.

In this video, Surrey Real Estate Agent Steve Karrasch of Macdonald Realty explains the whole scenario and the effect it will have on real estate prices, in the second half of 2021 in Surrey and the Fraser Valley market.

If you...

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