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By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 1
1975 Memory Lane, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your 1975 Memory Lane, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1975 Memory Lane, Unit # 13, Pickering, Ontario - Sold In 9 Days!1975 Memory Lane, Uni...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 1
1867 Kingston Rd, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your 1867 Kingston Road, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1867 Kingston Road, Unit # 25, Pickering, Ontario - Sold In 14 Days!1867 Kingston Ro...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 1
1400 The Esplanade Road, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your 1400 The Esplanade Road, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1400 The Esplanade Road, Unit # 306, Pickering, Ontario - Sold In 9 Days...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 1
A couple of year ago I met a new client, and and after viewing 8 properties we submitted an offer on something which was ultimately successful.  However, after the home inspectionon Friday afternoon there were major deficiencies revealed that would have cost more than $7,000 for my client to rep...
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 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.20%
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Completing Form 801 OREA Successfully Form 801 is going to be with us. It has been drafted by the trade association OREA.It could be updated and amended, but right now I am still suggesting that it be used.Please note the following:1)    The word “submitted” should be deleted and the word “made” ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Let’s set out an overlay of OREA’s terminology over that of RECO:1)   1) Existence2)    2) Evidence3)    3) Made (OVERLOOKED)4)   4) Communication5)    5) Submitted (NEW)6)    6) Received, (DIFFERENT)7)    7) Presented.So, the result of all of this is CONFUSION. The view that OREA has taken is on...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
OREA’s terminology with respect to OffersOREA deals with the issues of:1)    Evidence2)    Submitted,3)    Received, and4)    Presented. Don't hesitate to call me if you are having problems with Form 801.  Brian R. Madigan, LL.B., Broker RE/MAX West Realty Inc., Brokerage416-745-2300 (office) BRM...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
RECO’s terminology with respect to OffersRECO deals with the issues of:1)    Existence2)    Made3)    Communication4)    Received, and5)    Presented.No Offer actually exists unless it is in writing and it is signed. At this point, the Offer has been created. It exists. A registrant can refer to ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Made and Submitted are Two Different Things (Bill 55 Phantom Offers)RECO deals with Offers being “made” and OREA deals with Offers being “submitted”. The difficulty here is that they have two separate and distinct meanings.REBBA 2002 was amended to deal with phantom Offers. Regulations were also ...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 3
There is nothing more valuable than having an experienced real estate agent representing you to give you that slight advantage that just might get you the home you love! They say that knowledge is King.. but knowledge AND experience are a good marriage.I was working with a young couple who were r...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 0
Trailwood Court, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your Trailwood Court, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report2009 Trailwood Court, Pickering, Ontario - Sold In 10 Days! 2019 Trailwood Court, Picker...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 1
Pebblestone Cres, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your Pebblestone Crescent, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1171 Pebblestone Crescent, Pickering, Ontario - Sold In 6 Days! 1170 Pebblestone C...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 0
Meadowlane Cres, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your Meadowlane Crescent, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1150 Meadowlane Crescent, Pickering, Ontario - Sold In 6 Days! 1124 Meadowlane Cresc...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 2
Welcome to Mississauga, Ontario. Mississauga offers a range of experiences that keeps visitors coming back again and again. When you come to visit Mississauga, explore its quaint historic villages and stunning architecture, visit the bustling waterfront and lakefront parks, or inspire yourself wi...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
  Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.23%Canada Housing 12/15/20 [-0.04]       5 Year - 0.77%CAN 3.50 03/01/20 [+0.10]       0.95% [-]                       10 Year - 2.06%*Canada Housing 12/15/25 [-0.04]       10 Year - 1.48%CAN 2.25 06...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
The Legal Justification for Bad PaperworkWe looked at the issue of reviving old agreements.http://www.isourcerealestate.com/blog/p/reviving-old-agreements-and-making-them-workIf they are dead, then they are dead. That’s easy enough.However, sometimes we are just simply working with “bad paperwork...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Can You Revive an Old Agreement? Ontario Real Estate SourceBy Brian Madigan LL.B.The answer is “no”, but a lot of people don’t believe it.Let’s assume that Bob puts in an Offer to buy Bill’s property. The offer is accepted and contains some conditions, including financing and home inspection.The ...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 2
Marshcourt Drive, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your Marshcourt Drive, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1639 Marshcourt Drive, Pickering, Ontario - Sold In 4 Days! 1617 Marshcourt Drive, Pic...
By Wandanna Melliphant, " Wandanna Sells Pickering, Ontario Homes!"
Comments 1
Listowell Crescent, Pickering   FREE 2015 Mid Year Real Estate Market Report     Are you curious about what your Listowell Crescent, Pickering, Ontario home may be worth? FREE 2015 Mid Year Real Estate Market Report1761 Listowell Crescent, Pickering, Ontario - Sold In 1 Day!1786 Listowell Crescen...

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