FEBRUARY 15, 2016: IMPORTANT NEWS!

Andy Schildhorn • December 11, 2015

The Canadian government announced today it will be increasing the minimum down payment on insured mortgages for homes priced above $500,000 starting February 15th, 2016. The down payment for the first $500,000 will still remain at 5%, but there will be an additional 10% required for the remaining portion above $500,000. For the official statement: http://www.fin.gc.ca/n15/15-088-eng.asp The post FEBRUARY 15, 2016: IMPORTANT NEWS! appeared first on Andy Schildhorn, PREC.

The Canadian government announced today it will be increasing the minimum down payment on insured mortgages for homes priced above $500,000 starting February 15th, 2016. The down payment for the first $500,000 will still remain at 5%, but there will be an additional 10% required for the remaining portion above $500,000.

For the official statement: http://www.fin.gc.ca/n15/15-088-eng.asp

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Join us every week in July and August for free and low-cost outdoor events happening throughout the Township of Langley! Details Here

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Buy First or Sell First? 🤔 Subject-to-Sale Offers Explained for Langley & Fraser Valley

By Andy Schildhorn • July 29, 2025
Buy first or sell first? It’s one of the most common — and complex — questions homeowners face. And if you get it wrong, it could cost you time, money, and peace of mind. In this video, Andy Schildhorn, Realtor with Macdonald Realty, breaks down the strategy behind subject-to-sale offers — a smart tool for navigating tricky market timing in Langley and the Fraser Valley. 🎯 You'll learn: ✅ What a subject-to-sale offer is and how it works ✅ The “first right of refusal” — and how it protects (and pressures) buyers ✅ What the bump clause means for sellers ✅ Hidden traps if you don’t protect your contract ✅ Why selling first gives you more negotiating power ✅ When a subject-to-sale offer does make sense ✅ How to move forward confidently with the right protections 📞 Ready to plan your move with confidence? 📅 Book a time: https://rly.forsale/Chat-with-Andy 📞 Call me directly: 778-835-8957 If you found this video helpful, don’t forget to like, subscribe, and hit the notification bell for more local real estate advice and smart buyer/seller strategies. Thanks for watching — and let’s make your next move your smartest yet.
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