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 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 to make amendments to the agreement of purchase and sale.

What happens to the deposit when buying a house?

Your deposit is kept in a trust account and released to the seller when your real estate transaction concludes. Who gets the deposit when a buyer backs out depends on the agreement of purchase and sale. 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.

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 a home 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.

Real Estate Lawyers Ingersoll, Ontario

Close real estate transactions the quick, convenient way, with Axess Law’s virtual real estate lawyer in Ingersoll. Online booking is easy when you use the real estate lawyer Ingersoll homeowners count on for virtual closings 7 days a week. Your call is toll free anywhere in Ontario. Axess Law is a virtual Ingersoll real estate lawyer service.

Real Estate Lawyer Ingersoll

Axess Law has a remote real estate lawyer in Ingersoll for day or evening appointments. Buying or selling a home, or refinancing your mortgage, couldn’t get more convenient. Instead of hurrying to find a real estate lawyer in Ingersoll who can meet tight closing deadlines, you simply pick up the phone. Axess Law’s virtual real estate lawyer in Ingersoll does all the rest for you.

Buying a Real Estate Property in Ingersoll

Title transfer lawyer fees don’t have to be onerous when you buy homes or land. Axess Law puts a virtual Ingersoll real estate lawyer at your fingertips. Our online legal services take the stress out of wondering if your offer is worded correctly. Your Ingersoll real estate lawyer reviews your agreement of purchase and sale for clauses that protect your buyer’s right to cancel, and negotiates with the seller’s lawyer for you.

Selling a Real Estate Property in Ingersoll

Discharging a mortgage in Ontario is handled quickly and professionally when you hire an Axess Law virtual real estate lawyer in Ingersoll. Access legal services from home or office to sell a home or land. Your Ingersoll real estate lawyer reviews and amend buyer’s offers, and witnesses your signature using secure, remote online connections. Your remote real estate lawyer in Ingersoll transfers title to property, and ensures you pay only the property taxes and utilities you actually owe.

Refinancing a Real Estate Property Ingersoll

Weighing mortgage renewal vs refinance? When changing your mortgage makes sense, your Axess Law real estate lawyer in Ingersoll keeps mortgage discharge fees affordable. Our virtual real estate lawyer in Ingersoll reviews mortgage refinance documents from prospective lenders to explain terms and conditions you may not understand.

Online legal services let you discharge old mortgages, and sign and submit new mortgage documents with less stress or expense.

About Ingersoll

All the charms of a small town with the conveniences of a city, that’s Ingersoll. Founding home of the Canadian Dairymen’s Association, the community celebrates its past at the Ingersoll Cheese Museum and Sports Hall of Fame. The hand-built barns bring to life the 7,300-pound Ingersoll “Mammoth Cheese”, exhibited at the 1866 New York State Fair. While the popular Canterbury Folk Festival signed off in 2019 after 20 years, with ample parkland and the Thames River at its doorstep, there’s plenty to do in Ingersoll.

What Our Customers Say About Us

I was so happy with the services I received at this extremely professional and toward thinking law firm. From the beginning of the transaction Axess Law guided me through a easy and painless legal experience. Axess Law’s lawyers are kind and care about their clients. The administration team is also very knowledgeable and organized. I would recommend this firm to anyone looking for a professional legal experience.

★★★★★ 5/5

Extremely impressed by the services and convenience provided by Axess Law. We have engaged with Davinder a few times for different services, and it has been a breeze each time. We've been able to do both remote and in-person visits, and she has been very professional and forthcoming in all her advice. Their prices are fair too, so I would definitely recommend them to anyone looking for the legal services that they provide.

★★★★★ 5/5

We had a family member who was in serious financial difficulty due to the Covid-19 pandemic impact on their income. I contacted Trina Powell with Axess Law following considerable research. Our experience with Trina and her firm exceeded our expectations in terms of fast response to our inquiry, sensitive consultation, appropriate solution, and follow-up. The best word to describe our experience is "professional."

★★★★★ 5/5

I contacted Axess Law to prepare a legal document; they have a very easy online booking system. When I arrived to thier office I dealt with a lawyer by the name Pratheeb Uthayakumar; he is very knowledgeable and pleasant to deal with. I highly recommended Axess Law.

★★★★★ 5/5

Great experience, professional, knowledgable and pleasant staff, they guide you through a simplified process and explain everything. I definitely recommend them and will return again for future business.

★★★★★ 5/5

We are rated 4.8/5 based on 1,475 reviews.

Sign Legal Documents by Video

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

Some FAQs

Who applies for the GST/HST new housing rebate and provincial new housing rebate when you buy a home?

The builder may offer to apply for the rebates and reduce the purchase price of your new home by the rebate amounts. Provided you qualify, the builder will have you sign a Canada Revenue Agency form GST190, GST/HST New Housing Rebate Application for Houses Purchased from a Builder. The builder submits the form and claims the rebate amounts on their net taxes.

Is it okay to sign a decline of condominium document review agreement?

Signing away your right to have condominium corporation status certificate reviewed leaves you without potential legal recourse if you find defects after the closing date. Axess Law Ingersoll reviews your agreement of purchase and sale and advises if clauses you signed ought to be withdrawn. We negotiate with the seller’s lawyer to amend the agreement to preserve your right to have a condo inspected by a professional and to ensure the status certificate is reviewed before you close the sale.

Can I apply for a building permit for a new home before I take possession?

You can apply, but proof of ownership is required before you can obtain and use the permit. You won’t legally own the home until construction is complete and the title registered in your name. Axess Law Ingersoll provides a copy of title to the property once it is registered.

What is an escrow closing?

Closing in escrow occurs when you move into a property before title to the property has been legally registered in your name. If a transfer can’t be filed before the local land registry office closes, you’ll be asked to sign an escrow closing agreement extending the closing date until it can be registered and agreeing the seller’s lawyer will hold your funds in trust until then. Your title insurance usually includes gap coverage for the period until the transfer is registered, but double check your policy with your lawyer.

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. Ask Axess Law to 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 lawyer will contact you to finalize the amount you need to bring to our office to conclude your home purchase.

See more FAQs

Real Estate Lawyers Ingersoll, Ontario

Real Estate Lawyer Ingersoll

Buying a Real Estate Property in Ingersoll

Selling a Real Estate Property in Ingersoll

Refinancing a Real Estate Property Ingersoll

About Ingersoll

What Our Customers Say About Us

Sign Legal Documents by Video

Some FAQs

Enter Your details below: