Real Estate Lawyer Ajax

Axess Law closes the deal quickly. Email mortgage documents and the agreement of purchase and sale to your Axess Law virtual real estate lawyers in Ajax. We review your offer to purchase, search property titles, prepare mortgage discharge documents, and hand you the keys to your new home.

Buying a Real Estate Property in Ajax

Our Vision

New home construction contracts come with legal rights and obligations. An Axess Law real estate lawyer in Ajax can dissect your construction contract to protect your financial interests. Your Ajax real estate lawyer signs and witnesses legal documents your mortgage lender may request. We refer you to trusted legal partners if construction delays threaten your new home’s completion or you have questions about real estate law in Ontario.

Selling a Real Estate Property in Ajax

Selling your first home or flipping houses for a living, Axess Law has a virtual real estate lawyer in Ajax for every kind of property deal. Before you sign any agreement of purchase and sale, talk to your Axess Law Ajax real estate lawyer. Our professional real estate team goes over the fine print to protect you from clauses that make it easy for buyers to walk away.

Refinancing a Real Estate Property in Ajax

Get a better interest rate or access cash in your home by refinancing real property in Ontario. Prepayment penalties for breaking a mortgage before the term expires can be substantial. When you refinance to consolidate debt, you save money by making a single payment every month that you can afford.

Your Axess Law remote real estate lawyer in Ajax prepares the legal documents you need to take advantage of refinancing opportunities.

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About Ajax

Ajax is diverse, vibrant, and fun for nature lovers. Winding seven kilometres along Lake Ontario, the young, compact city east of Toronto has its own racetrack, Ajax Downs. The GO train goes here, but downtown Toronto nightlife is best enjoyed by car. Ajax Waterfront Trail offers a relaxing, after-work trek through rolling hills, beaches, and bluffs, with great coastline views. Expect to compete for space on weekends with the cyclists, joggers, roller skaters, skateboarders, and walkers who converge to picnic and beach hop.

Sign Legal Documents by Video

Your Axess Law real estate lawyer in Ajax can video conference with you 7 days a week, at your convenience. Our online video calls and remote signing services take the work out of closing real estate transactions. Timely legal advice and low flat rate legal services — make your appointment by dialing 647-479-4118 in Toronto (toll free to 1-877-552-9377) or use our online booking form to find a remote real estate lawyer in Ajax. Debit, cash, VISA, or Mastercard accepted. Axess Law makes hiring an Ajax real estate lawyer easy.

Some FAQs

What is a firm offer in real estate?

Tread lightly if you make a firm offer vs conditional offer for Ajax real estate. Because a firm offer real estate deal has no strings attached, it is legally binding as accepted. You lose the buyer’s right to cancel a home inspection clause can give you, and the chance to make amendments to the agreement of purchase and sale. Your Ajax real estate lawyer can go over your offer before you present it.

What happens to the real estate deposit when buying a house?

Your deposit is kept in a trust account and released to the seller when your real estate transaction concludes. Whether you get deposits back if a house sale falls through depends on the agreement of purchase and sale (APS). Even if a seller agrees to return the deposit, you could be pursued for moving or other expenses the seller incurred before you cancelled, or sued if a new buyer offers less. Ask your Ajax real estate lawyer to review your APS before you cancel.

Is waiving a home inspection in Ontario common?

Home inspections find defects that can cost thousands of dollars to repair or cause you to rethink your purchase. Our remote Ajax real estate lawyers recommend a home inspection clause in every agreement of purchase and sale.

When is the best time to buy real estate in Ajax?

Any time is a good time. Watch the Ontario housing market for competitive interest rates and lulls in home buying trends. A hint: real estate sales often slow in winter, when weather affects buyers’ motivation to attend open houses, and pick up in late summer, just before school reopens.

Is there a cooling-off period when you buy a home?

Other than for new condos purchased from builders or developers, generally not. New condo buyers can withdraw their offer within 10 calendar days of receiving the agreement of purchase and disclosure statement. Your Ajax virtual real estate lawyer can review your contract to see if it has a cooling-off clause.

Are closing costs negotiable?

You might negotiate a flat rate fee with your lawyer — Axess Law’s fees are all flat rates — but otherwise, no.

Closing costs are fixed fees that add as much as about 5% to the cost of a home. They include land transfer taxes, plus Toronto’s municipal land transfer tax, title and fire insurance, and registering title to your property. Legal fees, and your share of property taxes and utilities, are included.

For high-ratio mortgages with less than 20% down, mortgage default insurance is added to your costs. HST of 13%, minus any rebates you qualify for, is due for new or substantially renovated homes.

As the closing day draws near, your Axess Law real estate lawyer will contact you to finalize the amount you need to bring to our office to conclude your home purchase.