Tuesday, September 27, 2011
Monday, September 26, 2011
The total misappropriation may top $20 million. Several buildings have filed civil suits against Channel and Khan, who is thought to have fled the country. Police are investigating.
Some condo corporations allege Khan forged signatures and created fake meeting minutes to register a bylaw that allowed him to obtain loans without the board’s knowledge. The money was funnelled into a separate bank account.
Residents in some buildings across Greater Toronto are now on the hook for these outstanding loans, while others are talking with insurance companies and lenders to figure out who must foot the bill.
Whether condo owners will be left to cover the costs depends on the details, said real estate lawyer Ray Mikkola of law firm Pallet Valo.
“Where the management agreements specifically authorized the manager to bind the corporation, and if the board could have detected the fraud but recklessly or negligently failed to do so, or if the corporation benefitted from some of the money. . . the corporation may be in trouble,” Mikkola said.
Tuesday, September 20, 2011
The Municipal Property Tax System (MPAC) provides you with an assessed value that is then used by the city where you reside to collect realty taxes on your unit. ( or your home ) Most of the time the MPAC assessment is based on key neighbourhood indicators; other properties like yours that have sold recently, or alternatively based on square footage of your home, square footage of your lot, recent improvements and water spigots. (Spigots are water outlets) Unless they have come out and specifically reappraised your property.
Wednesday, September 14, 2011
Your Home Marketing Specialist - So why is it some homes sell instantly on the Toronto West Real Estate Market while others languish around and finally expire unsold. There are simple tools that not everyone is aware of to get houses sold. SO what are the best ways to attract buyers? You are.
You are the Home Marketing specialist that I need to engage to help me sell your home. I need you to answer some direct and important questions about your home... What made you buy this house? What was unique about this property from all those available to you when you purchased?
What about this house has improved your lifestyle? What are the individual business's and events that surround your community? How are you living in this house? What makes it work best for you? What have your guests said about your home when they visit? What can you do in this house that you cannot do elsewhere? Ultimately, even though houses are the same; What makes this house different?
By answering these questions with me, I will be able to prepare targeted specific marketing to individuals or families that is now where you were once before. This will be highly focused to attract the right family. They will be the most qualified buyers, highly motivated, willing to make the best offer because the house will be perfect for their needs. You know your home best and I am an Accredited Senior Agent and Marketing Specialist. Together we can sell your largest asset in a smooth and efficient fashion that will be the most profitable for you. David Pylyp call me at 647 218 2414 I answer my own phone.
Saturday, September 10, 2011
The idiom "the devil is in the details" derives from the earlier phrase, "God is in the detail;" expressing the idea that whatever one does should be done thoroughly; i.e. details are important. This original idiom has been attributed to a number of different individuals, most notably to German-born architect Ludwig Mies van der Rohe (1886–1969) by The New York Times in Mies' 1969 obituary, however it is generally accepted to not have originated with him. The expression also appears to have been a favorite of German art historian Aby Warburg(1866–1929), though Warburg's biographer, E.M. Gombrich, is likewise uncertain if it originated with Warburg. An earlier form "Le bon Dieu est dans le détail" (the good God is in the detail) is generally attributed to Gustave Flaubert (1821–1880). Bartlett's Familiar Quotations lists the saying's author as anonymous.