ARCHIVED BLOG POSTS
2012
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Call Brian Madigan 416 745-2300 Now!! One Day VIP Sales Event!!
03/31/2012
Unconditional Offers ~ Informed Consent Acknowledgment Ontario Real Estate Source By Brian Madigan LL.B. We know that there are risks associated with the unconditional Offer. The question from the perspective of the real estate agent is how to minimize them. First, the issue needs to be identifi...
03/29/2012
Informed Consent E-Mail Ontario Real Estate Source By Brian Madigan LL.B. From time to time, the issue of informed consent arises. That means that the client must truly understand and appreciate the consequences resulting from a decision. What better way to provide that information than through ...
03/28/2012
Unconditional Informed Consent Authorization Ontario Real Estate Source By Brian Madigan LL.B. In a “hot” real estate market buyers are anxious to submit a winning Offer. That is perfectly understandable, but something goes wrong, then the tables could turn on an unsuspecting agent. It is import...
03/28/2012
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Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 4.40% 1 YEAR 3.20% 2.75% 2 YEARS 3.55% 2.99% 3 YEARS 3.95% 2.79% 4 YEARS 4.64% 2.99% 5 YEARS 5.14% 3.29% 7 YEARS 6.35% 3.99% 10 YEARS 6.75% 3.99% Rates are subject to change without notice. *OAC E&OE Other Rates: CURRENT PRIME RATE IS 3.00% Pleas...
03/28/2012
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BY Brian Madigan LL.B. Broker 416-745-2300 ONTARIO REAL ESTATE SOURCE Terms Bank Rates Preferred Rates 6 Month 4.45% 4.45% 1 YEAR 3.20% 2.74% 2 YEARS 3.55% 2.74% 3 YEARS 3.95% 2.89% 4 YEARS 4.64% 2.99% 5 YEARS 5.24% 3.19% 7 YEARS 6.35% 3.99% 10 YEARS 6.75% 3.99% Rates are subject to change withou...
03/26/2012
Matrimonial Home Interest is Possessory Ontario Real Estate Source By Brian Madigan LL.B. Question Mr. and Mrs. Robbins live at123 Front St.where Mr. Robbins is the sole owner of the family home. Is the following statement correct? Why? “Mrs. Robbins has a 50% ownership interest in this home, be...
03/25/2012
Deposit Termination Clause (2012 version) Ontario Real Estate Source By Brian Madigan LL.B. Here is the updated wording for this clause, 2012 version: The Buyer shall provide the deposit by negotiable cheque within 24 hours of the obligation arising under the terms of this agreement. The term “u...
03/25/2012
Brian Madigan LL.B., Broker ~ World Wealth Builders Ontario Real Estate Source A program dealing with real estate investing for the careful investor will be presented by World Wealth Builders of Toronto, at the Monte Carlo Inn on 27, 28, and 29 March 2012. For further particulars contac...
03/25/2012
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Ontario Real Estate Source By Brian Madigan LL.B. Sometimes the deposit is just not paid. I know that it’s supposed to be paid. What happens if the purchaser doesn’t pay the deposit? Can the vendor get out of the deal? Can the vendor simply sell the property to someone else? The law on this...
03/24/2012