When it comes to home buying, what should your real estate lawyer do?
Hiring the right lawyer, early in the home-buying process, can actually save you time, risk and most importantly, money.
More often than not, Canadian home buyers will wait to hire a real estate lawyer until the transaction is basically complete, but as we learn in this article from the Globe and Mail, it is beneficial to have the advice of a lawyer on-hand throughout the process.
A home purchase is a large financial commitment, and the importance of having the assistance of a professional cannot be understated. From reviewing the purchase and sale agreement, to ensuring clients know exactly how much they will pay when it comes to closing costs, a real estate lawyer should be an important part of each home purchase.
Shopping around for a lawyer is a good idea as well. Hiring the lawyer with the least expensive fee isn't always necessarily the best choice. Talk to family, friends or your Mortgage Broker for recommendations.