Blog

Announcements and Law Updates

Why You Need an Ontario Real Estate Lawyer to Sell Your Home

Although most people hire real estate agents when selling their property, most don’t think about hiring a real estate lawyer. However, hiring the latter is a smart decision because they can provide a number of services that a real estate agent can't. There are a number of reasons why it’s a good idea to hire a London real estate lawyer to sell your home:

1. Your Interests are Protected

When you hire a real estate lawyer, they will work to ensure your interests are protected. They will review all the legal documentation, related paperwork, and forms, which can make it easier for you to be sure about the paperwork you are signing.

 2. Prevent Unexpected Problems

A good real estate lawyer in London can help prevent unexpected issues related to the property’s title. They can be of great assistance in case there are any liens on the house. Finding out about these types of potential issues early can save you a significant amount of time, expense and hassle down the line. When you hire a London real estate lawyer to sell your home, you have peace of mind that you won't have to deal with any sudden problems down the line.  

3. Help with Negotiations

If you require any negotiations in the course of the selling process, particularly in regards to different terms of the agreement, your real estate lawyer can provide guidance, advice, and assistance. Having a good lawyer in your corner can considerably increase the chances of the negotiations’ outcome being in your favour, rather than in the favour of the buyer.

If any offers or counter offers have been made on your home, it can be very helpful to consult a good lawyer because there can be certain tax implications on these; you’ll want to ensure they are handled expertly and efficiently. As long as these matters are handled carefully, prudently and smartly, you’ll be able to accomplish your goal successfully.

4. Sale Closure

An experienced London real estate lawyer can also help ensure that everything is in order when its time to close the property sale. They will make sure that the required insurance is in place and that transfer of the security deposits has taken place correctly. The lawyers will also attend the closing of the home sale; they will make sure that everything goes as expected. This means you don’t have to worry about dealing with any last minute surprises.

Although you’ll have to pay the real estate lawyer their fee, you will find that the expense is well worth it. If the real estate sale isn’t handled properly, that can make you liable to pay fines or fees and these expenses can be avoided by hiring an experienced lawyer.

For information about our legal services, feel free to contact Peter Norris at (226) 402-0823. You can also send us your queries and request for an appointment via this Online Form and we’ll call you back to schedule an appointment.