This segment is all about being prepared for holdbacks. Lindsey and Ryan MacKay from MacKay Real Property Law talk about issues that have come up with holdbacks and how to write holdbacks if the situation calls for it. Also learn about what the banks are thinking when they see holdbacks and get proper legal advice when writing them. Hope you enjoy this segment from CIR Live, remember to like and subscribe for more great real estate content.
Impact of Interest Rate Drops on the Real Estate Market
When interest rates drop, as they currently are in Canada, the real estate market typically experiences a surge in activity. This phenomenon is driven by