Brian's Ontario Real Estate Blog

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



 Rates  for other types of Asset Classes:Apartments CMHC 2.0% 5 yr and 2.80% 10 yr. Plaza Financing:                               3.12% - 5 years  3.64% - 10 years Office:                                  3.17% - 5 years 3.70% - 10 years Industrial                            3.25% - 5 years 4.05...
    Give me a call if you are interested Brian R. Madigan, LL.B., Broker   RE/MAX West Realty Inc., Brokerage 416-745-2300 (office) (e-mail) (web
 The Evolving Duties and Responsibilities of  “Agents” There are five primary sources of new legal developments for real estate agents:  Statutory laws, Regulatory laws, Changes to the local MLS rules and regulations, Discipline cases published by RECO, and Decisions by the Courts.  Any agent mus...
 Sellers Avoid Lawsuits: Factor Defect into Price! Everyone wants to negotiate and get a good price for their house. But, when the deal is closed and the sellers have moved on, they really want to be DONE with the house. So, what’s the point in concealing a defect? It just may come back to haunt ...
 An Explanation of Real Estate Services (2015) The document reproduced below is entitled “Working with a REALTOR®”. It offers an explanation of agency and customer service. It was drafted by the Ontario Real Estate Association and it appears on its websites and material. The Toronto Real Estate B...
Bankrupt Renovator - Runs out of Money  Recently, there have been reports about a renovation building contractor who ran into financial difficulty and has left as many as 15 families in a mess with partially completed projects. This article is too late for them, but it might help someone else who...
 Buyer Representation Agreement Explained (Ontario) Part 19 – ACKNOWLEDGEMENT Here is the portion of the paragraph dealing with the Acknowledgement. ACKNOWLEDGEMENT The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the terms of this Agreement and have received a true copy of this...
 Buyer Representation Agreement Explained (Ontario) Part 18 – DECLARATION of INSURANCE Here is the portion of the paragraph dealing with the Declaration of Insurance. DECLARATION OF INSURANCE The broker/salesperson......................................................................................
 Buyer Representation Agreement Explained (Ontario) Part 17 –EXECUTION by BUYER Here is the portion of the paragraph dealing with the execution by the Buyer. THIS AGREEMENT HAS BEEN READ AND FULLY UNDERSTOOD BY ME AND I ACKNOWLEDGE THIS DATE I HAVE SIGNED UNDERSEAL. Any representations contained ...
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.85% 2.20% The prime rate is 2.85%  


LL.B., Broker
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