ARCHIVED BLOG POSTS
2011
6
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The Royal Bank, TD Canada Trust and the CIBC have raised their 5 year mortgage rates by .25% to 5.44% today. BMO and Scotiabank have yet to follow suit. However, that is an indication of the direction of the market and some confirmation that there is strength in the economic recovery.
02/08/2011
5
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Oklahoma Offers and Mortgage Fraud By Brian Madigan LL.B.What is an Oklahoma Offer!Actually, it's a simple form of real estate fraud. There are variations depending upon how many parties are involved and who is the intended victim.So, let's look at two examples, in the first the victim is the ven...
02/08/2011
18
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The Rogue Home Inspector By Brian Madigan LL.B.Most Home Inspectors are quite legitimate. They are professionals who take their business seriously and conduct their business affairs in accordance with sound ethical practices.Then, there are the rogue inspectors! Who are they? These people are "...
02/08/2011
1
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Here is some advice from Robert Lumb of Invis: 1. Make use of double-up privileges wherever possible Tell yourself that you will "skip-a-payment" whenever necessary... then skip only when you absolutely must. 2. Round your payments up By adding even a nominal amount of say, $10 per payment, the a...
02/08/2011
11
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Disclosure and Bedbugs Ontario Real Estate Source By Brian Madigan LL.B. The seller can keep quiet about this. The owner of a house or property listed for sale does not have to make mention of the fact that there may have been an infestation or that there is an infestation at the present time. S...
02/08/2011
2
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Terms Bank Rates Preferred Rates 6 Month 4.45% 3.95% 1 YEAR 3.35% 2.54% 2 YEARS 3.60% 3.15% 3 YEARS 4.15% 3.39% 4 YEARS 4.94% 3.79% 5 YEARS 5.19% 3.74% 7 YEARS 6.09% 4.75% 10 YEARS 6.40% 5.15% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
02/08/2011
1
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Boundaries ~ Airspace Issues Ontario Real Estate Source By Brian Madigan LL.B. When we are talking about airspace, we are really dealing with two issues: 1) building, and 2) travelling around. When it comes to building the question is "how high is up". What are the lateral and vertical bou...
02/07/2011
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Toronto Market in 2011 ~ Where is it Headed? Ontario Real Estate Source Brian Madigan LL.B. So, what's happening in the real estate market this year? That's difficult to say, unless you know where we've been. The regular pattern repeats itself year after year with very few exceptions. In the las...
02/07/2011
2
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GTA January Sales As Expected Ontario Real Estate Source Brian Madigan LL.B. The sales in the GTA for single family homes were quite predictable in January 2011. Usually, January 2011 is compared to January 2010. But, actually the true measure should be the month of January in the last few years...
02/07/2011
2
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Boundaries ~ Legal Principles Ontario Real Estate Source By Brian Madigan LL.B. All land has boundaries: up, down and sideways, but what are the rules and what are the limits? You can imagine that the rules relating to the ownership of land on the surface on a horizontal plane are somewhat strai...
02/07/2011