Hey, Mister, Can You Spare A Dime?

One of the best things about blogging St. Louis development and real estate deals is that I am increasingly finding myself being contacted by a lot of interesting people. I’ve actually been contacted by quite a few local and even national news providers in the past few months asking my opinion on certain matters or [...]

By Brian Madigan LL.B.
The Province of Ontario has introduced new legislation the “Apology Act”.When an injury occurs, the lawyers and insurance companies rush to the scene. The first thing they say to their clients is:
“don’t say anything”.
The question is how can this be helpful. Sometimes silence is the same as arrogance, and that simply encourages [...]

By Brian Madigan LL.B.
There is an opportunity under the Family Law Act to designate a home as a “matrimonial home”.
You might think that married couples would wish to avail themselves of this opportunity. However, it’s rarely used. In fact, no one bothers.
The reason is rather simple. If a property is not designated then third parties [...]

By Brian Madigan LL.B.
An issue that appears to occur on a regular basis is the proper computation of the number of days to cash the purchaser’s deposit.
Let’s assume that the parties enter into an agreement of purchase and sale on Wednesday, and one day later, on Thursday the purchaser’s sales representative delivers the deposit cheque [...]

When buying a foreclosure, like all other properties, you need to set a closing date for every contract. When setting this timetable you need to consider what kind of affect the proposed dates will have on your offer.As with any point in a contract, if you put the closing out too far you could hurt [...]

File this one under a non-real estate related bit of nonsense. Driving down Cherokee Street in Benton Park West this afternoon, I noticed a mural, which I have never seen before: This picture of Barrack Obama. While Obama paintings, slogans and signs have been a common sight since before the election, this one really stood [...]

By Brian Madigan LL.B.
Oftentimes, it is difficult to determine precisely the legal obligations owed by an agent.
You have to be aware that real estate brokers and sales representatives are regulated under the Real Estate and Business Brokers Act, 2002.
This Act sets out the primary obligations in a real estate transaction. Vendors and purchasers fall into [...]

By Brian Madigan LL.B.
With all the bad news in the media these days, I thought that I should say something positive. The average price of resale single family homes rose 5.14% in the last month.
Now, if I were promoting stocks, I would also say that represents an annualized rate of return of 61.17%. But, that [...]

I’ve been tracking the progress of the green rehab at 4512 Manchester in the Forest Park Southeast neighborhood for some time now, and I am happy to say it looks like it is nearly complete. The storefronts look to be finished, the parking lot is in place, and it appears that most of the construciton [...]

By Brian Madigan LL.B.
The Royal Bank of Canada just conducted its annual homeownership survey. Apparently, the majority of Canadians are saying it’s a good time to buy. So, that means that consumer confidence appears to be returning.
The Royal Bank expects that the lower prices that are available now will lure purchasers back to the market [...]