ARCHIVED BLOG POSTS
2019
Confirmation of Acceptance is Not Part of The Agreement (Ontario)Question: If an offer goes back and forth a copy of times and in the final sign back there are changes in price and chattels, what happens to the COA and initials?For example, the Seller agrees to all and signs the Confirmation of A...
06/05/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.92% Fixed 4 Year 3.94% 3.14% Fixed 5 Year 5.34% 2.97% Fixed 7 Year 5.80% 3.49% Fixed 10 Year 6.10% 3.34% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...
06/04/2019
Reasons For Buyers to Deal Directly with the Listing Agent They aren’t all crazy! The conventional wisdom is that the buyer needs to be properly protected in a real estate deal and have their own agent on their side. Anything else is risky. Then, we have the comparisons to lawyers etc.However, th...
06/03/2019
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Landlords Meeting Tenants (Ontario)Question:Does it Make Sense to have the Landlord meet actual Tenants?Answer:I think it makes good sense. It's just like getting married before a blind date. It’s one thing to agree to the date, but another thing entirely, to agree to get married. It's much easie...
06/03/2019
Time Lines for dates on the Agreement of Purchase and Sale (Ontario) Question: What are the legal time lines for the following: Offer date to irrevocable date, to title search date to completion date What should be the minimum or maximum time between these dates? Answer: The irrevocable date...
06/03/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.92% Fixed 4 Year 3.94% 3.14% Fixed 5 Year 5.34% 2.97% Fixed 7 Year 5.80% 3.49% Fixed 10 Year 6.10% 3.34% Variable 2.90% Prime 3.95% Benchmark 5.34% Rates may vary provi...
06/03/2019
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Brian Madigan
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