Save Your 20% Down Payment... Only To Get BURNED🔥 @SteveKarrasch
Save Your 20% Down Payment... Only To Get BURNED🔥  @SteveKarrasch
Uploaded April 2025 | Updated September 2026, 6 days ago
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Market conditions are highly favouring buyers right now, however many buyers, especially first time buyers are still trying to save up a 20% down payment before jumping in.

In this video, Surrey Realtor Steve Karrasch provides an explanation of insured, insurable and uninsured mortgages and his opinion on why saving up for that goal of 20% down may not be the best financial decision any more based on current Canadian mortgage lending practices.

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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.
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Save Your 20% Down Payment... Only To Get BURNED🔥

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