ARCHIVED BLOG POSTS
2010
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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
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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
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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
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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
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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
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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
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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
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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
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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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