ARCHIVED BLOG POSTS
2011
Brian Madigan LL.B., Broker ~ Agreement of Purchase and Sale: A Detailed Analysis Ontario Real Estate Source The Agreement of Purchase and Sale: A Detailed Analysis will be offered in Coburg, Ontario on January, 26th at 1:00 pm to 4:00 pm. For further particulars or registration conta...
12/11/2011
Construction Liens Ontario Real Estate Source By Brian Madigan LL.B. It is important to note that there are two separate and distinct liens under the Construction Lien Act: 1) the statutory holdback, and 2) the notice of liens. The owner of a property is required to withhold the sum of 10...
12/11/2011
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Valerie's advice is certainly very timely. This is one of the best times to get an arborist to trim trees, remove older diseased trees and even replace sod. The leaves in the eavestrough should also be addressed at the same time, otherwise you run the risk of ice damming during the Winter thaw. O...
12/09/2011
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ORES Real Estate Index ~ Trends from October to November 2011 Ontario Real Estate Source ORES Index Trend (+ -) October 2011 November Index Residential Real Estate Greater Toronto Area 147.97 148.67 CPI 114.53 114.72 gold 402.57 408.18 oil 211.99 228.30 TSX 133.12 132.60 ...
12/08/2011
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Consumer Protection Act and Real Estate Ontario Real Estate Source By Brian Madigan LL.B. The Consumer Protection Act applies with respect to virtually all contracts for goods and services. Real estate is an exception. So, the Act does not apply as between buyers and sellers of real property,...
12/08/2011
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ORES Real Estate Index for November 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 in July 2011.I used to have subdivisions for condos, being downtown, east, west and north. That w...
12/08/2011
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Toronto Market is Booming By Brian Madigan LL.B. It’s hard to believe but November was a great success when it comes to Toronto real estate. Prices were up and sales were up. The usual and predictable pattern is that both prices and sales would decline in November. Traditionally, there are ...
12/06/2011
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Terms Bank Rates Preferred Rates 6 Month 4.45% 4.40% 1 YEAR 3.50% 2.84% 2 YEARS 3.55% 2.49% 3 YEARS 4.05% 2.99% 4 YEARS 4.79% 3.19% 5 YEARS 5.29% 3.29% 7 YEARS 6.35% 3.99% 10 YEARS 6.75% 4.49% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from...
12/06/2011
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TERM POSTED Preferred RATES* 6 Month 4.45% 4.45% 1 Year 3.50% 2.75% 2 Year 3.55% 2.99% 3 Year 4.05% 3.09% 4 Year 4.79% 3.09% 5 Year 5.29% 3.29% 7 Year 6.35% 3.99% 10 Year 6.75% 4.49% Variable Rate 2.85% Prime Rate 3.00% BenchMark Rate 5.29% Cost per $1000 $4.88I
12/05/2011
Federal Government Energy Retrofit Program expires 31 March 2012 Ontario Real Estate Source By Brian Madigan LL.B. The Federal Government this past summer re-introduced its popular energy retro-fit program. Basically, there is a $ 5,000.00 grant available. So far, most participants have seen a 20...
12/04/2011