Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2016 

 Question: Falsified Septic EvaluationThe Listing Agent provided a Septic Evaluation. This was accepted by the Buyer and the deal was closed. Now, there are significant problems. The signature and the date appear to be “forged”. The company itself denies providing these evaluations at all, at tha...
06/24/2016
Term Posted Rates Preferred Rates 1 year 3.14% 2.99% 2 years 2.99% 2.19% 3 years 2.84% 2.24% 5 Years 4.64% 2.44% 10 Years 6.10% 3.84% 5 year Variable 2.35% 2.35%
06/24/2016
Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.21%*Canada housing 12/15/21 [-0.11]       5 Year - 0.63%CAN 0.75 03/01/21 [-0.13]       0.92%                     [-]                        10 Year - 1.78%Canada housing 09/15/26 [-0.13]       10 Year...
06/24/2016
Terms The Bank Preferred Rates 1 Year 2.84% 2.79% 2 Years 2.79% 2.34% 3 Years 3.39% 2.49% 4 Years 4.09% 2.59% 5 Years 4.79% 2.69% 7 Years 5.85% 3.39% 10 Years 6.09% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
06/22/2016
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.19% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.49% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...
06/22/2016
Fixed term best discounted Preferred rates & posted rates as of June 21, 2016 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                     2....
06/21/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.29% 4 YEARS 3.89% 2.44% 5 YEARS 4.64% 2.49% 7 YEARS 5.30% 2.99% 10 YEARS 6.10% 3.59% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.30%
06/20/2016
Another Agent Using your Pictures!QuestionWhat do you guys do if a Realtor lists the property you sold the year prior and uses the pictures from your listing? AnswerIn many cases unfortunately agents don't secure the copyright. So, that makes it analogous to a car rental. You were the first perso...
06/19/2016
Here is an interesting question and answer:Question:Could you provide clarification on the obligations of real estate agents to ascertain identity when selling property for clients that are corporations? More specifically, where it is stated that a real estate agent must identify the corporation’...
06/19/2016
"Caveat" explained  The latin term "caveat" is frequently used in law. It simply means "warning" or "caution".It is most frequently used in the expression "caveat emptor", which means "let the buyer beware. It is also used in the expression "caveat venditor", which means "let the seller beware".T...
06/19/2016
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Brian Madigan

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