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 Lucan Biddulph. Ontario

Refinance homes with ease with a virtual real estate lawyer in Lucan Biddulph. Using Axess Law lets you buy or sell with confidence. When you need the convenience of flat fee legal services 7 days a week, make Axess Law real estate lawyers Lucan Biddulph your first choice.

Real Estate Lawyer Lucan Biddulph

Our virtual real estate lawyer in Lucan Biddulph goes online with you to refinance, buy, or sell real estate. Axess Law has affordable lawyer fees for any budget. Buying a home or selling a valuable local property has seldom been easier. Your Axess Law Lucan Biddulph real estate lawyer is brought to you via virtual video conference. We show you how to save money on legal fees, and close real estate deals quickly.

Buying a Real Estate Property in Lucan Biddulph

Tight deadlines for offers, or multi-bid scenarios can get the better of any buyer. Your Axess Law virtual real estate lawyer in Lucan Biddulph handles deadlines with due care and attention. Our licensed real estate lawyer in Lucan Biddulph ensures your offer to purchase is finalized quickly. Our professional legal team reviews agreements of purchase and sale for obvious gaps, and liaise with lenders to get your mortgage documents signed and returned on time.

Selling a Real Estate Property in Lucan Biddulph

Your home is valuable to you. Axess Law’s virtual real estate lawyer in Lucan Biddulph transfers property title to the buyer on schedule. We explain every step, including the statement of adjustments, and ensure the keys change hands. Buying at the same time? Your Axess Law remote real estate lawyer in Lucan Biddulph looks for liens or encumbrances that could be obstacles, and registers the title in your name.

Refinancing a Real Estate Property Lucan Biddulph

Consolidating debt can reduce the burden of monthly payments weighing you down. We can’t tell you whether or when to change your interest rate or mortgage terms. Axess Law’s remote real estate lawyer in Lucan Biddulph can take the work out of refinancing your mortgage.

Our virtual Lucan Biddulph real estate lawyer service liaises with your chosen mortgage lender to get their instructions, then finalizes documents you need to sign.

About Lucan Biddulph

Home of a 2010 “Snowmageddon” that wrapped residents in 68 inches of the white stuff, rural Lucan Biddulph is a blend of black history and immigrant tenacity. From African Americans fleeing riots and discrimination to immigrant farmers from County Tipperary, Ireland, the rural Middlesex County town regularly re-invents itself. The population swells on alternate Saturdays in July when the Baconfest Country Concert, a celebration of bacon, beer, motorbikes, and live bands, fills the streets with up to 30,000 festival goers.

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 Lucan Biddulph real estate lawyer 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 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 virtual Lucan Biddulph real estate lawyer. Debit, cash, VISA, or Mastercard accepted. Axess Law makes hiring a remote real estate lawyer in Lucan Biddulph easy.

Some FAQs

Is buying the most expensive house on the street a mistake?

It can be. Your home might appreciate less than others around it quite simply because it is already the best it can be. With no room for cosmetic improvements, you may have paid top price for a home that is maxed out on value. While homes all around you may go up in price, your home’s assessment could stagnate, or worse, decline with age.

Why should you always ask about the neighbours?

Like it or not, neighbours can make or break a deal. It may be a bargain, but having a noisy, nosy, or nuisance neighbour can make your stress level go way up. When remote work or family responsibilities keep you at home for the best part of the day, a peaceful environment is a priority. So while the seller’s agent may not be as forthcoming as you like, you can at least ask about the neighbours before you buy. Axess Law Lucan Biddulph notary publics witness and notarize Small Claims Court applications if a neighbour’s behaviour is troublesome.

Can I evict tenants when I buy?

Provided you or your immediate family plan to live there, yes. Remember, tenants need at least 60 days notice. And if you say you plan to live in the residence, be sure you do. Former tenants can ask for compensation through the Landlord and Tenant Board if you used buying the property as an excuse to increase the rent or find someone new.

Can an unfinished basement be used for a rental suite?

Only if it meets Ontario Building Code regulations, and that would require you to finish it. Renovating an unfinished basement can cost $50,000 to $100,000 or more. And, quite frankly, some basements aren’t suited to being made over as living quarters. For example, your new basement may be prone to flooding, or the ceiling height could be too low to meet Ontario Building Code regulations. Window sizes in basements are often significantly smaller than the building code requires, and installing new windows may require substantial changes. Talk to a home contractor before you embark on any basement reno plans.

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.

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Real Estate Lawyers Lucan Biddulph. Ontario

Real Estate Lawyer Lucan Biddulph

Buying a Real Estate Property in Lucan Biddulph

Selling a Real Estate Property in Lucan Biddulph

Refinancing a Real Estate Property Lucan Biddulph

About Lucan Biddulph

What Our Customers Say About Us

Sign Legal Documents by Video

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