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 

Should You List in December? By Brian Madigan LL.B.(Ontario Real Estate Source)This is an interesting question. The statistics will demonstrate that historically, December is not a good month for real estate sales.However, the buyers and sellers who are around in December are serious and want to...
11/29/2010
Terms Posted Rates Our Rates 6 MOS 4.45% 3.95% 1 YEAR 3.35% 2.44% 2 YEARS 3.60% 3.10% 3 YEARS 4.25% 3.39% 4 YEARS 5.19% 3.59% 5 YEARS 5.44% 3.79% 7 YEARS 6.09% 4.75% 10 YEARS 6.40% 5.15% Rates are subject to change without notice. *OAC E&OE Variable rate mortgages from as low as Prime minus 0.65...
11/29/2010
Creditor and Landlord Conflicts There are always problems when new businesses run into financing trouble. Inevitably, they will often think that their Landlord or secured creditor are both well-protected and that some of the suppliers bills need to be paid in priority. This could be a fundamenta...
11/28/2010
New businesses and the Shortage of Cash What is the number one reason new businesses fail? Easy, they are short of cash! This seems to happen to just about every new business that fails. Not just some. They plan everything out to the very last dollar, but when it comes to financing their receiva...
11/28/2010
Restaurants with the Wrong Food The problem with many restaurants is that they have the wrong food. It's just that simple. The food may be well-prepared, of good quality and priced right, but it's just the wrong food at the wrong time. Everyone seems to like both Italian food and Greek food. How...
11/28/2010
Restaurant Listings ~ The Difficulty The real problem that arises with restaurant listings is that the owner decides to sell the restaurant far too late. The restaurant will be located in leased premises and the time is just running out. The owner won't sign a new lease, hire new people, bring i...
11/28/2010
Omnibus By-Law Sparks Hundreds of Appeals By Brian Madigan LL.B.(Ontario Real Estate Source)Over 700 appeals have been filed against the City of Toronto's new omnibus by-law.This was the 5,000 page piece of work that was supposed to simplify everything.You may recall that the old City of Toronto...
11/25/2010
Effectiveness of Employee Releases Offers Caution To Agents By Brian Madigan LL.B.(Ontario Real Estate Source)Employment law is often on the edge of new legal developments. When there are changes in legislation and additional indulgences permitted to a contracting party, it is often in the field...
11/25/2010
Canadian Housing Market Normalizes By Brian Madigan LL.B.(Ontario Real Estate Source)The Canadian housing market had been somewhat unpredictable over the last three years. It was hot in 2007, then there was a world financial crisis in late 2008, with some reasonable return to normalcy in late 200...
11/24/2010
Toronto Charges Homeowners with Illegal Parking On Their Own Driveway By Brian Madigan LL.B.(Ontario Real Estate Source)You might think this was as a result of Toronto's new crazy parking by-law that came into force on 1 October 2010.But no, this is an old by-law.Bob has parked on his parent's d...
11/23/2010
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Brian Madigan

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