reserve: Why Condo Act Reform is needed in Toronto
- 10/13/12 12:04 AM
Condominium Act Reforms Ontario 2012 The Etobicoke Condo Market has exploded with seemingly a crane on each major intersection. Buyers purchase, Banks Finance and people carry on with their lives. Once you buy into the condo, you park your car, use the gym and pool, cross the hallway and lock the door. You are part owner in an often multi million dollar building and need to understand whats happening to the repair maintenance and upkeep of your home. Its your equity... Get involved.The Condominium Act does need to be standardized, each building has different Declarations, Rules and Regulations. Condo Boards … (0 comments)
reserve: Interest Rates increase in 2012 Really?
- 03/20/12 03:50 AM
We are expecting a significant mortgage rate increase in the next week. It is extremely important that you act on this now! Spreads on our bond yields which we use to set interest rates for all lenders are under water now.Today the largest courier company Ups purchased a large courier company in Denmark, to make it the largest company in North America When we see the logistics companies and courier companies grow as in in this example that is a tell tale sign that the economy is improving. http://www.businessweek.com/news/2012-03-18/ups-said-to-reach-deal-to-buy-tnt-express This is contrary to what the economist for CMHC indicated in late … (2 comments)
reserve: Lets compare Condo Maintenance Fees Toronto
- 02/07/12 04:33 AM
Lets have a look at and compare what makes the maintenance fees in your building. First Lets establish a few things, Your furnace unit consumes electricity; usually through a heat exchange unit in a central part of the condo or maybe you are blessed with two. The heat exchange units take warmth (hot water heated from a boiler) from the coil and disperse it into your unit. The cost of operating the fan blower is yours, the costs of heating the water as to your maintenance fees. The unit is inside your unit and operates from the Common Expenses. The liability … (0 comments)
News, views, rants and commentary about Toronto west Real Estate issues and Local Community events from David Pylyp.
Experience is not expensive... It is Priceless!
Condominium Act Reforms Ontario 2012 The Etobicoke Condo Market has exploded with seemingly a crane on each major intersection. Buyers purchase, Banks Finance and people carry on with their lives. Once you buy into the condo, you park your car, use the gym and pool, cross the hallway and lock the door. You are part owner in an often multi million dollar building and need to understand whats happening to the repair maintenance and upkeep of your home. Its your equity... Get involved.The Condominium Act does need to be standardized, each building has different Declarations, Rules and Regulations. Condo Boards … (0 comments)
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