Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2012 

  Ontario Real Estate Source By Brian Madigan LL.B. Strange things appear to be happening in Quebec. The Montreal estate board and the Granby real estate board no longer wish to be part of CREA, the Canadian Real Estate Association. CREA has been involved with the Competition Bureau and eventuall...
07/31/2012
  Defects: Latent, Patent and Material Facts Ontario Real Estate Source    By Brian Madigan LL.B. The question relating to the obligation to disclose is one which arises constantly, and applies to every real estate sale. What are the disclosure obligations? The matter of patent and latent defects...
07/30/2012
CMHC Mortgage Rules (9 July 2012) Ontario Real Estate Source By Brian Madigan LL.B. It’s often difficult to be constantly up to date on all the various rule changes, but there were some important amendments effective 9 July 2012. Both the Finance Minister, Jim Flaherty and the Governor of the Ba...
07/30/2012
Mortgage Rates ~ 30 July 2012 Ontario Real Estate Source By Brian Madigan LL.B. Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 3.95% 1 YEAR 3.20% 2.39% 2 YEARS 3.55% 2.69% 3 YEARS 3.95% 3.19% 4 YEARS 4.64% 3.25% 5 YEARS 5.34% 3.09% 7 YEARS 6.35% 3.79% 10 YEARS 6.75% 3.89% Rates are subject to ...
07/30/2012
Joint Tenancy Thwarts Bankruptcy Ontario Real Estate Source By Brian Madigan LL.B. Having property registered in joint tenancy actually worked quite favourably. A doctor acquired a matrimonial home and placed the title in his name together with his wife as joint tenants. The doctor then obtained...
07/27/2012
Building without a Permit can be Costly!!! Ontario Real Estate Source By Brian Madigan LL.B. This is the lesson learned by an elderly Toronto couple. Mr. and Mrs. Tseng purchased their older turn of the century home on Brunswick Avenue in the Kensington Market area of Toronto in 2006 for $718,00...
07/26/2012
Mortgage Rates ~ 25 July 2012 Ontario Real Estate Source By Brian Madigan LL.B. Consumers are always concerned about the mortgage rates. Here are the recently published rates. While they may not apply in each and every case, they certainly provide a framework for discussion and negotiation.   Ter...
07/26/2012
Business Broker in Ontario Ontario Real Estate Source By Brian Madigan LL.B. A business broker is regulated in Ontario under the same legislation that applies to real estate agents, namely the Real Estate and Business Brokers Act, 2002. In fact, under the Act a business is considered to be “real...
07/24/2012
How’s the Market in Toronto? (July 2012) Ontario Real Estate Source By Brian Madigan LL.B. You might wonder about the real estate market in Toronto. That’s the big test of the economy! If the Toronto real estate market is going well, then, so is everything else. Prices have been escalating over ...
07/23/2012
  Ontario Real Estate Source By Brian Madigan LL.B. Everyone is concerned about marihuana grow houses and the damage that they can do, but what about somebody just growing flowers? To a large extent, it’s much the same. The area in the home is dense with flowers. They get watered and they get sun...
07/23/2012
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Brian Madigan

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