The majority of Real Estate Transaction involve the purchase of a home. For most a home entails the purchase of a house, whether it be a single unit house, townhouse or duplex. More prevalent in the larger cities, the purchase of a home consists of a condominium. However, the purchase of a home is not the only real estate transaction. Every day there are many commercial real estate transactions.
There are several entities that may be involved in the purchase of a home. Some of the entities may include a real estate agent, a bank, an inspector, an appraiser and a lawyer. For one to ensure that their legal rights are always protected, it is highly advisable to seek out a lawyer first.
After making the decision to buy a home, call 519-254-HOME to retain the lawyer that will protect your rights through every step of the way and make the purchase-process seamless.
I can help you:
-Review the contract that you are required to sign with the real estate agent before it becomes binding between you and the agent.
-Review your mortgage documents to inform you as to your rights and obligations prior to finalizing the purchase and becoming bound by the terms of the mortgage.
-Review, prior to you signing, the “Agreement of Purchase and Sale” which dictates the terms of the purchase.
-understand what is happening at every step of the process and have complete transparency.
I will:
-Ensure you are purchasing what you intend on purchasing.
-Perform the proper searches to have full disclosure as to the title.
-Send out a Requisition Letter to the seller’s lawyer to ensure we receive the title you are paying for.
-Ensure that you sign the proper documentations on time and at your convenience.
-Ensure that we are ready to complete the purchase on the agreed date.
-Receive the funds from your bank on your behalf and hold them in my trust account.
-Ensure that all funds are disbursed accordingly and provide you with detailed accounting.
-Transfer the title to the new owner(s).
-Register the mortgage.
-Send you a final report.
-Send your bank a final report.
There is already a lot of stress with the purchase or sale of a home, call 519-254-HOME and allow me to help you with the process.
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