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Does a "Subject to Sale" Offer Work in BC?

Posted on Aug 12, 2024

When the market cools down and listings take a little longer to sell, it is very common for buyers to make “Subject to Sale” or “ Condition to Sale” offers, meaning the offer on the property is subject to the sale of the buyer’s current property.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the “Subje...

"No GST" Trap of New Construction Sales in Canada

Posted on Aug 07, 2024

If you are purchasing a brand new home or strata unit, or looking to “flip” or assign a pre-sale unit you are going to be subject to GST, and perhaps in the case of flipping or assignment, subject to collecting GST from the buyer and remitting it a second time.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty disc...

The Most Common Conditions for Real Estate Offers in BC

Posted on Aug 05, 2024

If you are offering on a property in British Columbia, there are a multitude of conditions or subjects that you will want to consider as part of your due diligence process prior to your offer becoming firm and binding.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the “famous 5” buyer conditions that...

Listing Inventory Will PLUMMET & Here's Why

Posted on Jul 31, 2024

This summer has seen a glut of real estate inventory in the Fraser Valley, however, this could all change as we move into the fall, as it typically does each year.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the trend that he is starting to see in the Fraser Valley when it comes to new listings comi...

Look Who's Quietly Returning to Canadian Real Estate

Posted on Jul 24, 2024

While the last few months have seen a super slow real estate market in the Fraser Valley, with high inventory and low sales, we are starting to see buyers come back to the market with interest this month.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses what he is seeing this month (July 2024) in terms o...

Exposing Lies! New Tenant Protections as BC Declares War on Landlords

Posted on Jul 22, 2024

The BC NDP has effectively declared war on landlords across the province as they introduce strict new tenant protections this month, July 2024.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the new BC rental restrictions that came into effect July 18, 2024 and how these changes will impact tenants...