Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2010 

Terms Posted Rates Preferred Rates 6 MONTHS 4.55% 3.95% 1 YEAR 3.50% 2.44% 2 YEARS 3.90% 2.79% 3 YEARS 4.45% 3.34% 4 YEARS 5.04% 3.79% 5 YEARS 5.39% 3.99% 7 YEARS 6.19% 4.79% 10 YEARS 6.50% 5.19% Rates are subject to change without notice. *OAC E&OE   If you need assistance with mortgage financi...
08/31/2010
Toronto Real Estate Market Declines 8% By Brian Madigan LL.B.(Ontario Real Estate Source)I thought that you might be interested in what has been happening with the Toronto market this year. The market closed out the year at $411,931. The statistics below show what happened in 2010, both the end o...
08/31/2010
Habeas Corpus By Brian Madigan LL.B. (Ontario Real Estate Source) The latin term "habeas corpus" literally means "to have the body". As the term is used in law, it is interpreted to mean "to bring forth the body". Essentially, it is a court order directing the person who is custodian of the indiv...
08/29/2010
Witnessing a Signature  By Brian Madigan LL.B. (Ontario Real Estate Source) Recently, the Real Estate Council of Ontario published a short notice about the practice of witnessing a signature: "It might seem like a simple matter, but did you know that you must be physically present and see a perso...
08/29/2010
Mortgage Fraud ~ The Foolish, Greedy Good Guy takes the Fall By Brian Madigan LL.B.(Ontario Real Estate Source)A recent court case dealt with the issue of mortgage fraud. In the case of Royal Bank v. Isaacs (2010)the bank sought summary judgment of its mortgage.However, the case was not simple an...
08/24/2010
The Slick Agent Gets His Extension By Brian Madigan LL.B.(Ontario Real Estate Source)In Ontario, listing agreements may be negotiated for any length of time. However, MLS requires a 60 day minimum.The law requires clients to understand and appreciate the length of a listing, if it is to exceed 6 ...
08/23/2010
By Brian Madigan LL.B. Here are the rates announced and effective today. The longer term opportunities are very attractive.   Terms Posted Rates Preferred Rates 6 MOS 4.55% 3.95% 1 YEAR 3.50% 2.44% 2 YEARS 3.90% 2.89% 3 YEARS 4.45% 3.34% 4 YEARS 5.14% 3.89% 5 YEARS 5.49% 3.99% 7 YEARS 6.19% 4.79%...
08/23/2010
The Nigerian Scam ~ Double-Dipping By Brian Madigan LL.B.(Ontario Real Estate Source)Since I run across a number of "Nigerian Scams" on a regular basis, I thought that I should post a few, just so that you will be able to confirm that the contact you have received is just a scam. This one takes t...
08/23/2010
The Professional Nigerian Scam By Brian Madigan LL.B.(Ontario Real Estate Source)Since I run across a number of "Nigerian Scams" on a regular basis, I thought that I should post a few, just so that you will be able to confirm that the contact you have received is just a scam. This one steps thing...
08/23/2010
Another Nigerian Scam By Brian Madigan LL.B.(Ontario Real Estate Source)Since I run across a number of "Nigerian Scams" on a regular basis, I thought that I should post a few, just so that you will be able to confirm that the contact you have received is just a scam. This one is apparently from t...
08/23/2010
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Brian Madigan

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