ARCHIVED BLOG POSTS
2016
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Furnace Rental in OntarioQuestion:An agent listed a condo with a rental furnace. Brokerage remarks state furnace is rental $90 month. Offer did not include the rental and both agents missed it, supposed to close tomorrow and buyer’s lawyer 2 days ago said we are not closing until the contract is ...
08/17/2016
Sorry, Just Moving In! (RECO Discipline)This is just one more “trespassing case”.Here, the Buyers had a deal and the transaction was scheduled to close on 24 April 2015.The Buyers completed the final inspection and requested that the Sellers leave the key in the lock box. The Buyer’s agent convey...
08/17/2016
Terms The Bank Preferred Rates 1 Year 2.84% 2.29% 2 Years 2.79% 2.24% 3 Years 3.39% 2.49% 4 Years 4.09% 2.39% 5 Years 4.79% 2.49% 7 Years 5.85% 3.39% 10 Years 6.09% 3.69% VIRM 2.70% 2.20% The prime rate is 2.70%
08/17/2016
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Another Trespassing CaseThe Real Estate Council of Ontario looked at another “no trespassing” case this Spring.The Buyers’ representative booked an appointment, didn’t show up, and released the lockbox code to his clients directly. They entered and used the Seller’s measuring tape which they loca...
08/16/2016
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.39% 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 ...
08/16/2016
Two Agents Conspire To Break Into Seller’s House (RECO Discipline)This might seem to be an episode of the “Keystone Cops”, but it isn’t.Fred Flintstone listed a property. He negotiated successfully the sale of the property with the Buyer’s agent, Barney Rubble.The price was $322,000.00 and the pr...
08/16/2016
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% 2.24% 4 YEARS 3.89% 2.39% 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%
08/15/2016
0
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The latin expression "inter alia" means "among other things".The reference is often made when a short quotation or extract is made. The words "inter alia" are added so that the reader will know and appreciate that the quotation was not the full quotation in its entirety. There was more, so the r...
08/14/2016
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% 2.24% 4 YEARS 3.89% 2.39% 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%
08/14/2016
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.05%*Canada housing 12/15/21 [-] 5 Year - 0.58%CAN 0.75 03/01/21 [-] 0.95% [-] 10 Year - 1.55%Canada housing 09/15/26 [-0.03] ...
08/12/2016
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Brian Madigan
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