I have been making homemade syrup for eons. I don't buy pancake, waffle syrup at all. My mother has always made her syrup this is my grandmothers recipe. My children never had store bought syrup unless we ate out. As of to this day I make my own syrup.
In saucepan, heat brown sugar, butter, water to a boil stirring constantly, bring to full boil on medium heat let boil 5 minutes. Add in Maple extract before serving, serve warm or cold. Great on pancakes and waffles.