Thinking about buying or selling a home? That’s a huge investment, probably the biggest you will make it your lifetime.
Do you really need a real estate lawyer? At first glance, it might seem extravagant to hire a real estate lawyer to oversee the process. The truth is, real estate transactions, even those that might seem straightforward, involve certain key tasks that have to be executed without a hitch, lest they prove to be a hassle in the future.
The last thing you want to do is revisit transactions of this nature to undo a wrong. This places an unnecessary strain on your finances and is a huge demand on your time. The solution? Secure a good real estate planning attorney at the outset and save yourself a world of trouble.
What do real estate lawyers do? My name is Matthias Duensing and I am a residential and commercial real estate lawyer in Toronto, helping clients with the sale, purchase and refinancing of their properties.
As exciting as house hunting is, you have to remember that it is fraught with potential financial pitfalls, not to mention complex paperwork. I employ a wealth of knowledge to navigate you through these pitfalls and make sure you enter (and exit!) the deal with your best foot forward.
A majority of buyers aren’t familiar with the intricacies of a real estate transaction, including the relevant laws and regulations that govern such transactions. This is where a real estate attorney steps in. Our expertise is a huge asset when legal documents have to be reviewed, which are usually long, wordy and full of legalese that may elude you.
Sellers will sometimes pressure you to sign the dotted line without properly understanding the contents.
Your lawyer employs years upon years of experience when studying the Agreement of Purchase and Sale and any conditions and caveats that could affect your interests. They also have the experience to handle HOAs on your behalf.
Resolves Complex Issues
The process of buying or selling a property is long and complex. When you hire a competent attorney, potential risks and issues are mitigated. Some buyers may fail to disclose information relating to their properties, home inspections and title and this could potentially devolve into an expensive lawsuit.
An attorney will make sure you make smart decisions along the way, while spotting and addressing any issues that crop up before they become a real problem.
Facilitates Smooth Negotiations
The biggest step that tends to trip up novice (and even seasoned!) real estate buyers? Negotiations! At Duensing Law, we’re proficient at negotiations as we’ve handled all manner of transactions in the past and have encountered every obstacle under the sun. Our expertise fetches you the best possible deal.
If you’re buying property from trusts, corporations or partnerships, handling the contracts and negotiations is going to be a tricky process. Your attorney will facilitate these transactions while ensuring that the contract is legally sound and respects the laws governing the type of entity you’re doing business with.
Ensures a Strong Closing
Finish strong and you’ll have it in the bag. A lot of important steps occur when closing a real estate purchase.
- Preparing the closing paperwork such as the deed
- Properly passing the title from the seller to the buyer
- Paying the balance purchase price
- Preparing a closing statement that itemizes the transition
A good closing is crucial. If you have last-minute questions or require assistance at this time, an attorney is your right-hand man, and will ensure that all loose ends are tied up.
Duensing Law Makes Your Real Estate Transactions Smooth and Profitable
If you’re purchasing a home or a piece of real estate, don’t put the transaction in potential jeopardy. Call in a trusted real estate lawyer and enjoy a smooth, stress-free transition.
Duensing Law possesses the expertise and knowledge required for residential and commercial real estate matters. For any concerns that you may have along the way, bank on quick, precise and effective assistance from our team.
We provide such services as;
- Preparation, review and negotiation of purchase and sale agreements
- Registration and deletion of construction liens
- Reviewing negotiation and mortgage documents, power of sale and foreclosures
- Discharge of mortgages
- Overseeing co-ownership agreements
This is a huge step so play it safe. Don’t put yourself through unnecessary legal hassles. Contact Duensing Law today to seek reliable, affordable and trusted legal counsel.
Kindly note that this content is provided for educational purposes only. Consult with your lawyer before taking any action.