Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2018 

Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 4.04% Fixed 10 Year 6.10% 4.14% Variable 2.90% Prime 3.95% Benchmark 5.34%
12/31/2018
RECO’s Toolkit #3 What follows is a series dealing with some publications by RECO to help the Consumer: Real Estate Council of Ontario 5 tips for navigating an uncertain real estate market For most of us, real estate transactions are the biggest financial transactions of our lives. So before you ...
12/30/2018
Can You Spot the Problem: Brick Fence There are a few problems that real estate agents should notice without being told. Look at this brick fence! Just exactly where is it? Does it show on the survey? You will notice that it runs along the front of the house and also down the sides. However, at a...
12/30/2018
RECO’s Toolkit #2 What follows is a series dealing with some publications by RECO to help the Consumer: What You need to know about representation agreements When you are looking to buy or sell a home with a registered real estate representative, your broker or salesperson will ask you to sign a ...
12/29/2018
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 4.04% Fixed 10 Year 6.10% 4.14% Variable 2.90% Prime 3.95% Benchmark 5.34%
12/29/2018
RECO’s Toolkit #1 What follows is a series dealing with some publications by RECO to help the Consumer: Real Estate Council of Ontario Buying or Selling a Home? Working with a real estate representative Buying or selling a home is the biggest transaction most of us will ever go through. That’s wh...
12/28/2018
Stepping up Fines for Lock Box Offences The RECO Discipline Committee just assessed an $8,500.00 fine in the following circumstances:  The Buyers’ Agent contacted the Listing Brokerage to arrange a final walkthrough for the Buyer prior to closing The appointment was arranged between the hours of ...
12/28/2018
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 4.04% Fixed 10 Year 6.10% 4.14% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...
12/28/2018
Dower Rights in Ontario Dower rights in Ontario have come and gone. Of course, they came with the “common law” but they went when the Family Law Reform Act was enacted on 31 March 1978. What were dower rights? Dower rights consisted of two separate and distinct rights:  The right to live in the m...
12/27/2018
Good Faith in Real Estate Deals is Not New It’s been the law for years. Well, at least going back to June 1958. On 26 June 1958, the Supreme Court of Canada decided that there was indeed an obligation of good faith and that a party could not simply weasel out of a deal. Over time, those who draft...
12/21/2018
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Brian Madigan

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Markets, Finance and Law related to real estate, estate planning and personal financial investment opportunities