ARCHIVED BLOG POSTS
2011
The FED and Interest Rates ~ Good for Canadian Real Estate Ontario Real Estate Source By Brian Madigan LL.B. Ben Bernanke, the Chairman of the US Federal Reserve indicated that the Fed will hold interest rates low for two years, that is, until mid 2013. Canada will have to follow suit, othe...
08/11/2011
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ORES Real Estate Index for July 2011 Ontario Real Estate Source By Brian Madigan LL.B. The Toronto Real Estate Board made a few changes to the method that it uses to report and track statistics this month.I used to have subdivisions for condos, being downtown, east, west and north. That was no...
08/11/2011
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Terms Bank Rates Preferred Rates 6 Month 4.45% 4.40% 1 YEAR 3.60% 2.64% 2 YEARS 3.95% 2.99% 3 YEARS 4.35% 3.39% 4 YEARS 5.04% 3.54% 5 YEARS 5.54% 3.49% 7 YEARS 6.44% 4.69% 10 YEARS 6.80% 4.95% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
08/11/2011
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Ontario Real Estate Source Mortgage Rates ~ 8 August 2011 Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 4.40% 1 YEAR 3.50% 2.64% 2 YEARS 3.85% 2.99% 3 YEARS 4.35% 3.39% 4 YEARS 4.99% 3.64% 5 YEARS 5.39% 3.69% 7 YEARS 6.35% 4.69% 10 YEARS 6.75% 4.95% Rates are subject to change without not...
08/08/2011
Ontario Real Estate Source By Brian Madigan LL.B. Question Can an Easement be created by Adverse Possession? Answer An easement in the form of a right of way can never by created by adverse possession. A right of way (license) can be created by 20 years continuous usage etc. Basically, that means...
08/08/2011
Dual Agency ~ My Response to Larry Estabrooks Ontario Real Estate Source By Brian Madigan LL.B. I authored a series of articles relating to dual agency, including: http://activerain.com/blogsview/2436535/dual-agency-the-resolution Larry Estabrooks posted the following comment: “Brian...
08/06/2011
Dual Agency ~ Doing it Right (Procedures and Documentation) Ontario Real Estate Source By Brian Madigan LL.B. If you are going to engage in dual agency or multiple representation, then do it correctly. The key to success is INFORMED CONSENT. In Ontario, the term “agency” is not used ...
08/04/2011
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Dual Agency ~ The Resolution Ontario Real Estate Source By Brian Madigan LL.B. A consumer association in the United States known as “CAARE” otherwise known as “Consumer Advocacy in American Real Estate” is rather opposed to the concept of dual agency. While they have become somewhat pr...
08/04/2011
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Should Dual Agency be Banned? Ontario Real Estate Source By Brian Madigan LL.B. A consumer association in the United States known as “CAARE” otherwise known as “Consumer Advocacy in American Real Estate” is rather opposed to the concept of dual agency. Among other concerns this is what...
08/03/2011
Is Dual Agency Just an Inappropriate Relationship? Ontario Real Estate Source By Brian Madigan LL.B. A consumer association in the United States known as “CAARE” otherwise known as “Consumer Advocacy in American Real Estate” is rather opposed to the concept of dual agency. Among other ...
08/03/2011