Real Estate News from Popular Ontario Cities

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Real Estate News from Popular Ontario Counties

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Filing a Notice of a LawsuitThere is a procedure available in Ontario which is a very effective remedy. Oftentimes, the success of a lawsuit swings in the balance.Let’s assume that there is an Agreement of Purchase and Sale in place. The Seller has a change of mind over issues in the contractual ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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 ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
Comments 0
Estates of Credit Ridge Home Sales, Prices for APRIL 2016       The following is a quick summary of the Estates of Credit Ridge sales activity reported for APRIL 2016: Total Sales: 7                     Townhomes:  1                          Semi-Detached:  0                Detached:  6 Average S...
By Kathy Clulow, Trusted For Experience - Respected For Results
(RE/MAX All-Stars Realty Inc. Brokerage)
Comments 0
Uxbridge Real Estate Market Snapshot - Week Ending Sunday May 1st, 2016 There are currently 63 active residential listings of Homes for sale in Uxbridge on The Toronto Real Estate Board (TREB) MLS®.  Currently ..... Median Asking Price $859,000 There were 69 homes listed for sale at the end of th...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Validity of Unsigned Buyer’s Representation AgreementsQuestion:I heard that a Buyer’s Representation Agreement could be legal even if it’s not signed. I have client and they have the document in their possession but they haven’t returned it yet.Answer: The unsigned BRA, is it legal? While an APS ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
There is no question that the statutory provisions contained in the Married Women’s Property Act were helpful to the women’s liberation cause. The changes started prior to Confederation. When a woman married a man, she lost her “legal personality”. It merged with that of the husband who assumed l...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE Prime Rate 2.70% 5 yr variable 2.35%
By Dianna Mandzuk, Dianna Mandzuk
(RE/Max Jazz Inc., Brokerage)
Comments 0
RE/Max Ontario Atlantic recently released its 2016 Spring Market Trends report and it's certainly eye-opening. There are some staggering numbers out west with Greater Vancouver posting numbers like 24% growth rate and an average residential sale price of more than $1.2 million dollars.Competition...
By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
Comments 2
As you may know, it’s common to include a home inspection as a condition of an offer you make. It protects you from issues that you might not otherwise see during a viewing.What do you do if the home inspector finds something wrong? The inspector might find a leak in the foundation, or windows th...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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%
By Wayne Liddy, Waterfront homes in Chatham-Kent
(ROYAL LEPAGE PEIFER REALTY INC. BROKERAGE)
Comments 1
April 2016, 10:35:00 AM                          Curb Appeal  for Your Home in Spring   I know our weather often goes from winter to summer with very little Spring but don’t forget those Spring cleanup chores for your home and gardens. Curb appeal is vital if you are thinking of listing your home...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 4
I'm not sure what the "norm" is in various parts of the country, but I don't think it's the Buyer Agent's responsibility to help pay for the marketing fees for the Listing Agent. In my view, if you are the listing agent, part of your responsibilities are to market the property, and there are a va...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term and preferred rates & posted rates as of April 26, 2016 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                     2.34%        ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Is a Back Up Offer a Competing Offer? This is an interesting question since there are some clear and specific rules governing the “competing Offer” situation.The Real Estate and Business Brokers Act requires a seller representative’s brokerage to disclose to potential buyers in competing offer si...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
 Question:Client bought a house with a long six (6) month closing.House was in great condition when the deal was signed.The Buyer visited the premises two (2) months before closing and the Seller has allowed their dogs to defecate all over the house, upstairs, main level, basement.Likely the carp...
By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
Comments 1
What kind of stool is most likely to keep you from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid.What does that have to do with shopping for a new home?Well, if you ...
By Anne Lok, Toronto Modern Real Estate
(Homelife Realty One Ltd. Brokerage)
Comments 0
The lack of newer three bedroom family sized homes in urban Toronto continue to push prices upward in the freehold property sector due to the imbalance of supply and demand, and hardly any new family sized homes are being built. The average price gap  from a condo to a detached home is growing wi...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
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% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  

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