ARCHIVED BLOG POSTS
2011
6
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The ability to afford a house by a family has really never been better, Have a look at this chart from the Toronto Real Estate Board Please note, the chart does not appear as I had intended, I will check with the "techie" people at TREB and replace it as soon as I can. Sorry for the inconvenie...
04/07/2011
SPIS ~ Document Reviewed Part 5 Ontario Real Estate Source By Brian Madigan LL.B.This is a further continuing review of the Seller Property Information Statement currently in use in Ontario.This section deals with environmental issues, conservation authorities, buried wells, tanks and pools, as w...
04/07/2011
SPIS ~ Document Reviewed Part 4 Ontario Real Estate Source By Brian Madigan LL.B.This is a fairly controversial statement. It is relatively commonplace is some jurisdictions and among the members of different real estate boards. There is no standard practice in Ontario. So, over the next few days...
04/06/2011
Seller Property Information Statement ~ Document Reviewed Part 3 Ontario Real Estate Source By Brian Madigan LL.B.This is a fairly controversial statement. It is relatively commonplace is some jurisdictions and among the members of different real estate boards. There is no standard practice in On...
04/05/2011
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Mortgage Rates are Rising Three major banks, Royal Bank, Bank of Montreal and TD Canada Trust are raising their fixed rate mortgages today. For those who wish to ensure "peace of mind" in the buying process, this will raise the price of a property. If the trend extends to variable rates, and acro...
04/05/2011
2
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Terms Bank Rates Preferred Rates 6 Month 4.45% 4.40% 1 YEAR 3.50% 2.64% 2 YEARS 3.75% 3.29% 3 YEARS 4.35% 3.55% 4 YEARS 5.14% 3.79% 5 YEARS 5.44% 3.84% 7 YEARS 6.34% 4.79% 10 YEARS 6.65% 4.99% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
04/04/2011
Seller Property Information Statement ~ Document Reviewed Part 1 Ontario Real Estate Source By Brian Madigan LL.B.This is a fairly controversial statement. It is relatively commonplace is some jurisdictions and among the members of different real estate boards. There is no standard practice in On...
04/04/2011
Real Estate and the Law of Disclosure Ontario Real Estate Source By Brian Madigan LL.B.The general rule of law in Ontario concerning the purchase of land is that of "caveat emptor", or as translated "let the buyer beware." At common law this principle stood for the proposition that when the bu...
04/04/2011
Rainmaker
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Brian Madigan
LL.B., Broker
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