Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)
RECENT BLOG POSTS
What You See is What You Get in Real Estate Many people would think that what’s in an Agreement of Purchase and Sale would govern. Apparently, not! It’s what is visible and what a prospective purchaser would think was part of the property. In LeMesurier v. Andrus (1986) the Ontario Court of Appea...
09/10/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.89% Fixed 10 Year 6.10% 2.94% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...
09/10/2019
Amending Agreements, Satisfying Conditions, Waiving ProvisionsThere are two methods to handle these matters:1)    Long form,2)    Short form.Long Form MethodLet’s assume that you have a Condition included in an Agreement which reads as follows:“Financing: This Offer is conditional upon the Buyer ...
09/10/2019
Toronto and GTA Markets in August 2019 This is the recently released report of the Toronto Real Estate Board concerning the August 2019 results: "GTA REALTORS® Release August 2019 Stats TORONTO, SEPTEMBER 5, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto...
09/09/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.89% Fixed 10 Year 6.10% 2.94% Variable 2.90% Prime 3.95% Benchmark 5.19%
09/09/2019
Commercial Bond Yields CMB 5 Year - 1.66%* CANHOU 12/15/24 [+0.08]   ‌ 10 Year - 1.74% CANHOU 09/15/29 [+0.08]   * denotes interpolated rate GoC 5 Year - 1.32% CAN 1.50 09/01/24 [+0.10]   ‌ 10 Year - 1.29% CAN 2.25 06/01/29 [+0.08]   ‌ 15 Year - 1.44%* CAN 12/01/34 [+0.06]   ‌ 20 Year - 1.52%* C...
09/06/2019
HIGH RATIO fixed term best discounted Invis rates & posted rates as of September 3, 2019 Terms                          Posted Rates              Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          2.69%2...
09/05/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...
09/04/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%
09/03/2019
Cooperating Brokerage Sues Seller Directly For Commission Is this even possible? In this situation, the Cooperating Brokerage was not paid its commission in full as provided in the MLS Listing. So, the Brokerage sued the Seller/Owner directly. How did they do that? Let’s have a look at the MLS ru...
08/30/2019
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BrianMadigan

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