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By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Clarity Copies of Unreadable AgreementsFrom time to time, copies of Agreements of Purchase and Sale will simply be unreadable.If you are the real estate agent what should you do?First, they didn’t just start out to be unreadable, they were faxed, scanned, faxed and scanned again. In some cases, s...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
No Deductions From House Value for Notional Real Estate Commissions Let’s assume that Bob and Wilma don’t get along. They have been married for 20 years and for the last 12 years have resided in their present home.Somebody has to go.Let’s assume that the property is worth $1 million and if they w...
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 - 1.15%Canada Housing 06/15/21 [+0.08]       5 Year - 0.55%CAN 0.75 09/01/20 [+0.09]       0.82% [-]                       10 Year - 1.94%*Canada Housing 9/15/26 [+0.11]       10 Year - 1.07%CAN 2.25 06/01...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Title Search Date: When Should it Be?Question:What date should be inserted into the Agreement of Purchase and Sale for the Title Search date?Answer:Buyer’s InterestFrom the perspective of the Buyer’s lawyer, you can leave the posted title search date right until closing.Seller’s InterestFrom the ...
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
Comments 0
Ontario Investing $100 Million to Create Jobs and Help Homeowners Save Energy Green Investment Fund Fighting Climate Change, Growing Ontario’s Economy   Hot off the Press!  Attached is an announcement from the Ministry of Energy.  The province is putting its new Climate Change Strategy into acti...
By Sally Dollar
(Royal LePage Niagara Real Estate)
Comments 1
FOR SALE Royal LePage Niagara Real Estate Centre Inc., Brokerage   Sally Dollar  905-397-2980(Office) 1-866-999-9497(Toll-Free) Email Sally  Description 3 Bedroom Townhouse Condo in Summerlea Acres. Centrally located near shopping, QEW, Bus Route. Bright and inviting layout. Kitchen has ceramic f...
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
Comments 1
Investment Condos in Waterloo near Universities Attention Investors!  Amazing opportunity to purchase newly built Investment condos.  Located steps to both universities - University of Waterloo and Laurier University.           * Fully Furnished * Rental Income Guaranteed for 1st Year * FREE Cond...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Chattels and Fixtures The course  on the “Law of Attachment: Chattels and Fixtures” will run on 8 February 2016, from 9:30 am to 12:30 pm at Nelson Goulart’s offices, 186 Robert Speck Parkway, Mississauga, Ontario L4Z 3G1.This is a topic which is often misunderstood. It’s not that complicated, bu...
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% 2.24% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.74% 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 2.30%
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Mortgage DefaultsIncreasingly, we see pumped up interest charges, arrears payments, late charges and so on included in mortgage terms. These are well and above the mortgagees' incurred expenses associated with NSF charges. Question:Can you charge:1) an increased rate of interest,2) late payment ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Corporation’s Right to Evict for Personal UseQuestion: The Tenant pays rent to a corporation the registered owner of a house.Can the person who bought the house under the name of the corporation give the tenant notice with the intention of taking over the house for their own personal use at the e...
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 - 1.17%Canada Housing 06/15/21 [-]       5 Year - 0.61%CAN 0.75 09/01/20 [-]       0.82% [-]                       10 Year - 1.98%*Canada Housing 9/15/26 [+0.14]       10 Year - 1.17%CAN 2.25 06/01/25 [+0....
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Interesting to See that Toronto House Prices are Down in January 2016Listen, headlines are headlines and that’s all there is to it.If you want more information, you really have to drill down into the facts and statistics and weed through everything carefully.I appreciate that the real estate and ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
You cannot Evict Tenants from an Illegal Rooming House Question:Here are the basic facts: a multi-family property, consisting of 12 units, with 4 of those units being operated by the current owner as "rooming house", is being rented out by the bedroom rather than being rented out by the apartment...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 4
Most consumers have no knowledge or undersetanding about the commission paid for a professional realtor to sell your home. In faact, there are  many misconceptions about just how much we, as listing agents net in the end.   It is our job as agents to educate them and let the know exactly what the...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
Comments 2
2 Bedroom, 2 Bathroom Condos for Sale in Mississauga starting at $232,000 and up.                    Call me now for your best selection! * Great Views *  * Parking Included *  ** Other Condos also available in Mississauga and Toronto, call for more details ** Sara Kareer,  ASA Sales Representati...
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
Comments 2
2 Bedroom, 2 Bathroom Condos in Brampton starting at $205,000 and up.         Call me now for your best selection! * Great Views *   * Parking Included *  ** Other Condos also available in Mississauga and Toronto, call for more details ** Sara Kareer,  ASA Sales Representative Mississauga: 905-26...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
TERM POSTED Preferred RATES* Open 1 Year 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% 2.54% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.60% Variable Rate 2.15% Prime Rate 2.70% Benchmark Rate 4.64% Cost per $100...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Central Vacuum System in Disrepair (Remedies #2) Question:An Agreement of Purchase and Sale contains the following warranty:"all chattels and fixtures shall be in good working order of the  closing date"A Professional Home Inspector delivers a written report indicating that in his opinion the cen...

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