Real Estate Lawyer Hamilton

Selling a home or buying a cottage, Your Axess Law Hamilton real estate lawyer completes closing documents for any Ontario property. When you need a real estate lawyer in Hamilton, we’re quick and convenient. Our flat fee legal services take the financial pain out of making or closing real estate purchases. Axess Law can find you an affordable, virtual real estate lawyer in Hamilton without the extra expense of traditional lawyer services.

Buying a Real Estate Property in Hamilton

Our Vision

Ensure your new home matches the legal description and property survey before you commit to buying. Your Axess Law real estate lawyer in Hamilton finds property surveys and searches property titles to verify the legal owners. Your Hamilton real estate lawyer registers your purchase with a local land registry office to transfer title to your name. You take possession with confidence your property purchase is valid.

Selling a Real Estate Property in Hamilton

Selling a home is time sensitive. Contact an Axess Law virtual Hamilton real estate lawyer as soon as you list your home or land for sale. We give you an estimate, based on our low cost, flat rate legal fees. Email us your accepted offer to have a real estate lawyer review the agreement of purchase and sale for essential clauses that protect your legal interests. Close deals quickly, with a minimum of fuss, when you use Axess Law’s virtual Hamilton real estate lawyer service.

Refinancing a Real Estate Property in Hamilton

Reduce your long-term interest expenses by refinancing mortgages on real estate you own. Variable rate mortgages can cause uncertainty. If having stable payments is a concern for your family’s finances, lock in a fixed rate with a mortgage refinance.

Axess Law’s virtual real estate lawyer Hamilton service connects with your mortgage lender to prepare the legal documents you need to get better rates or better terms.

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About Hamilton

Ontario’s former Steeltown is so much more. A deep sea port city, Hamilton treats visitors to waterfalls, cobble-stoned streets, and national historic sites like Dundurn Castle. Just under an hour southwest of Toronto by car, the city is home to the Grey Cup champion Hamilton “Ti-cats”. The rocky bluffs of the Niagara Escarpment, known locally as The Mountain, offer city and harbour views. Ample green spaces at Bayfront Park and relaxing walks along Bruce Trail give the city its green reputation.

Sign Legal Documents by Video

Axess Law real estate lawyers in Hamilton can video conference with you anywhere in Ontario. Call to talk to real estate lawyers 7 days a week, day or evening, 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 easy online booking form to find a Hamilton real estate lawyer. Debit, cash, VISA, or Mastercard accepted.

Some FAQs

Is co-signing the same as sharing a mortgage?

Sharing a mortgage is very different from being a co-signer. Mortgage sharing involves getting a joint mortgage with a spouse, common law partner, friends, or family. Their joint income is considered in deciding how much real estate you can collectively afford, and everyone shares in paying the mortgage. Co-signers are on title to a property, and are liable for the full mortgage payment if the mortgage holder defaults. Since they are only a co-signer though, they don’t necessarily live in the home and don’t contribute to the monthly mortgage payments.

When would you get an open mortgage?

When you want the flexibility of paying off a real estate mortgage in full or part, without any prepayment penalties or limits. Interest rates are higher and terms shorter (six months to five years), but your mortgage can be refinanced or renegotiated at any time, without any cost to you.

Open mortgages are useful if you genuinely need a short-term loan that you plan to pay off shortly. House flippers like open mortgages for just that reason. Or consider this: watching interest rates go up can be disheartening while you wait for real estate to sell. Instead, take out an open mortgage while rates are favourable. You take more risks with an open mortgage, but the rewards can be great.

A few pointers on open mortgages:

  • Flexible refinancing, when you need it, gives you more time to repay.
  • Monthly payments can be increased with few or no penalties.
  • Frequent lump sum payments are allowed.
  • Interest expenses can be substantially more if your circumstances change. Know when to switch to a closed mortgage.

Your Axess Law Hamilton real estate lawyer can finalize the mortgage documents when you find a new lender, or refinance a home to get an open mortgage.

Can a realtor reduce his commission to win a bidding war? Is that fair?

It’s been known to happen. Fortunately, RECO, the Real Estate Council of Ontario, requires a real estate seller’s agent to disclose if other agents bidding on a property offer a reduced commission. That gives your realtor an opportunity to match the lower rate.

Can you make a verbal agreement to buy real estate?

“Handshake” deals are made all the time between friends or family members. Even then, they can be precarious. A real estate seller doesn’t have to honour your offer, and only written agreements of purchase and sale are truly legally binding in real estate. If you do make a verbal agreement only to later have a real estate seller accept a better, written offer, your legal options are limited.

Axess Law’s Hamilton real estate lawyer can review your offer to purchase to help you take the right steps to buy the home you want. When you’re intent on going to court, we refer you to a trusted Hamilton real estate lawyer who can advise on taking civil action over failed handshake deals.