10/29/2024
Real estate transactions can be complex, but with the proper advice and representation, you can navigate the process smoothly. Swipe through to learn the key stages of buying or selling a property. π πΌ
1. Work with a Licensed Realtor
Buying and selling real estate can be complex. Working with a professional licensed realtor ensures you rights are protected at each stage in the process. We suggest working with a local realtor with intimate knowledge of your desired area.
2. Lawyer review
Involving a lawyer at the agreement stage is your best option to ensure your rights are properly protected as a lawyer can provide instrumental advice regarding the terms of the agreement, the conditions in the agreement and any unusual encumbrances registered against title. Once the agreement is signed it is increasingly difficult for a lawyer to fix unfavourable or unintended terms in the agreement.
3. Closing - Lawyer's role
Your real estate lawyer will review the agreement, will complete a title search, is responsible to ensure you receive clear title on closing and will register the deed in the purchaser's name on closing after ensuring the seller has fulfilled its obligations under the agreement. If you are obtaining a mortgage your lawyer is also responsible for preparing all the mortgage documents on behalf of the financial institution and securing the mortgage funds from the lender on closing.
Ready to start your real estate journey? Contact us today for expert guidance on buying or selling your home! ππ‘