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    Feedback wanted on Waterfront condos

    Best Building - depends what you want When I am out showing properties I always ask the Purchaser to read the Bulletin Boards that surround the mailbox. Useful bits of local news; Pick up the dog poop rent a parking spot etc. The Bulletin Board at Yonge and Lakeshore was chastising the...
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    Is there a way to waive amortiation premium?

    Terms Some lenders with advance a credit line (HELOC) of the additional downpayment you need, of say 5% to make the 20 % downpayment program and save you the cmhc premium. So you would have a 1st Mortgage and a secured line of credit. Amortization is the length calculated to pay back the...
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    Co-op vs Condo

    Co op May further have interview process by management board if you are acceptable There is no appeal process. There are no landlord Tenant remedies for orders of possesson or eviction in a co op. You cannot force the tenant to depart IF you need your unit back after rental. ONT...
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    Where the hell is all the Inventory?

    Where are the condos Two clients called today, want to list 3 assignments, they don't want to wait for 2011 to close. Another client on a multiple offer was bidding almost 300's on 650 square feet, 10 offers on the same unit. My personal concern is how does CMHC view the bidding wars...
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    FSBO's finally get access to MLS

    Getting your real estate license I recommend and hope that you carry forward with that idea!
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    FSBO's finally get access to MLS

    Streamline a transaction I would have absolutely no problem with that. Contract bundle takes an average of 2 hours to prepare Buyers Agency Fintrac Disclosure Receipt of Funds Record Confirmation of Representation Agreement of Purchase and Sale Takes me an hour to an hour and a half...
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    Advice - What's this unit worth?

    Living By the Lake Marina Del Ray is one of the Premier complex's for their multi building ownership of the Rec center, The Malibu Club. Many comment that there is no need for a gym membership given the services available. Living on the Mark Goodman Trail. ETC. There is inherent value...
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    FSBO's finally get access to MLS

    Broker to Post on MLS for 0.5% In response to posting a page from the website of MyRealty.ca the page I took the information from is clearly posted as information to Agents. I have edited my comments but welcome yours. I received this message David: Your post at...
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    FSBO's finally get access to MLS

    http://www.myrealty.ca/notice.asp Thank-you for taking the time to visit this web page. We want you to have a rewarding experience with our service. To that end, please note the following: 1. Requests for Information, Appointments, and Presentation of Offers: The fastest way to get...
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    How much do realtors typically make when leasing out a condo?

    Previously attended Landlord Tenant Board Many of my clients would call with a tenant issue when the tenant was already 60 top 90 days in arrears and they wanted it cured. Another fellow I know is a past LTT adjudicator who refuses to work with small landlords because; a) they do not...
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    How much do realtors typically make when leasing out a condo?

    Landlords seeking Tenants in Toronto Many smaller investors cannot be bothered to deal with what may be perceived as "clever" tenants but would rather open the process up to selecting, potentially, from a number of applicants, Having a complete document bundle prepared for them with...
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    City Workers Strike 2009

    Unskilled Strikers Does that also apply to ALL the inside workers that are part of the court system? The Paramedics? OUCH
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    GTA Resale Housing Market Posts Best June on Record

    I would call it a seller's market west mls # of listings available was 7310 Number of Sold units 4097 Previous months have different ratios but if 1.78 homes is available for each sale, What type of Market are we in? The inventory ratios in December through March soared to 7.5:1...
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    HST will impact condo maintenance fees

    "Next year at this time, the Ontario government – the same government that still maintains rent controls – will raise monthly maintenance fees for all condominium owners by between 5 per cent and 8 per cent. Renters will face rent hikes based on operating costs for their buildings. Those...
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    How is "phantom rent" calculated?

    Phantom Mortgage None of the previous posts addressed the estimated property taxes during occupancy portion. These are pure guestimates at the time of closing and the lawyers holdback at each opportunity to avoid any potential shortfall. Once a tax bill is issued it will be retro to the...
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    Condo Lawyers

    Great Lawyer is Audrey Loeb Read her Guide to Condos and Multiple closing Days, documnetation. http://www.davidpylyp.com/userfiles/file/Buying_a_Condo.pdf Audrey M. Loeb, BA., LL.B., LL.M., ACCI Miller Thomson LLP Barristers & Solicitors Scotia Plaza, 40 King Street West Suite 5800...
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    Condo Lawyers

    Great Lawyer is Audrey Loeb Read her Guide to Condos and Multiple closing Days, documentation. http://www.davidpylyp.com/userfiles/file/Buying_a_Condo.pdf Audrey M. Loeb, BA., LL.B., LL.M., ACCI Miller Thomson LLP Barristers & Solicitors Scotia Plaza, 40 King Street West Suite 5800...
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    Best place to view Toronto's skyline?

    Great Vista from Park Lawn and Lakeshore Going Directly south from the Gardiner having exited at Park Lawn Road, check out the park system to the south of Marine Parade Drive. Lovely, quiet, private and beside the water. Great backdrop of the lights of the city.
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    Not using a buyer's agent in this market

    Thank you for your compliment. Maybe when you speak to lawyers, they answer questions like a lawyer. I am sure that Stan Gelman would be flattered that you suggested Stan's ad libbed answered were rehearsed.
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    Price for parking space?

    Selling a Parking Spot If the parking spot is deeded as a separate ownership it also pays taxes and has a maintenance fee, as would also a storage unit. (thats actually how you end up with 3 titles.) You would always have the right to sell you assets. The management maybe concerned or...

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