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 Sarnia, Ontario

Buying, selling, or refinancing a home? Use the real estate lawyer Sarnia homeowners call 7 days a week for quick, convenient closings. Axess Law’s Sarnia real estate lawyer concludes real estate transactions for less. We charge only flat rates for online legal services. Axess Law is a virtual Sarnia real estate lawyer service

Real Estate Lawyer Sarnia

Used to meeting lawyers in person? Axess Law’s remote real estate lawyer in Sarnia gives you the same personal service, without the stress of rushing to make appointments on time. Our virtual real estate lawyer in Sarnia brings legal services to your home or office. You can buy, sell, or refinance a home, sign online, and get documents emailed or couriered to you for affordable, flat fee rates.

Buying a Real Estate Property in Sarnia

Accepted offer, or contemplating what to include in the agreement of purchase and sale — the time is right for legal advice. Axess Law’s Sarnia virtual real estate lawyer checks for terms and conditions that could unexpectedly bind you, and searches titles to property to ensure they are free and clear. Our licensed, remote real estate lawyer in Sarnia is affordable, and you get the same great service you’d expect in person

Selling a Real Estate Property in Sarnia

Selling a home in Sarnia doesn’t have to cost that much. Axess Law’s remote Sarnia real estate lawyer services are affordable and easy to use. Our virtual real estate lawyer in Sarnia meets with you online to review agreements of purchase and sale, and make suggestions to reduce the chances a buyer will walk away. We work with your lender to discharge existing mortgages, and can transfer your title in no time.

Refinancing a Real Estate Property in Sarnia

Reducing your interest rate, or getting in on a better mortgage deal by refinancing your home, call an Axess Law virtual real estate lawyer in Sarnia. Unlike renewals, refinancing a mortgage requires the services of a Sarnia real estate lawyer

When you refinance your home, turn to Axess Law for affordable legal services. Your Sarnia real estate lawyer gets mortgage directions from your lender, and lets you sign documents remotely.

About Sarnia

Hugging Lake Huron’s shores, kid-friendly Sarnia is about free Easter Sundays in the Park and the annual Kids Funfest. Live music at local parks and Get Out of the Garage, a battle of the bands for young musicians, liven up Sarnia summers. Weekend adventurers will appreciate Sarnia’s outdoor spaces, from Canatara Park to the 16 km Howard Watson Trail, and Great Lakes Waterfront Trail connector. Outer space fans will recognize Sarnia as the hometown of Star Trek star James Doohan (“Scotty”) and retired Canadian astronaut Chris Hadfield.

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 Sarnia 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 hire a real estate lawyer in Sarnia. Debit, cash, VISA or Mastercard accepted. Axess Law makes finding a Sarnia real estate lawyer easy.

Some FAQs

Are houses sold by court order a risky investment?

No more than any other residential property, although they can take months to close. Even then, your offer could be overturned by a higher bidder. Buyers who make an offer on a court-ordered sale must endure a long approval window. Because the offer has to be signed off by the court, you could lose the opportunity to offer on other attractive properties while you wait. Add to that the fact the home is “as is”, without benefit of legal recourse if problems are discovered later, and court-ordered sales are mostly for the tenacious.

How will I know if a home is on contaminated soil?

Like any home purchase, the onus is on the buyer to investigate (caveat emptor) before they buy. Unfortunately, a site’s history may not be known to a realtor, and, if they know contamination exists, sellers can be withholding. Axess Law Sarnia can amend your agreement of purchase and sale to include clauses that could prevent nasty surprises. However, only an environmental assessment can determine if soil needs to be replaced. Start by checking local or provincial land registries for records of historic uses or environmental concerns, then hire an expert or find a local lab that does soil sampling.

Do I owe GST/HST if I sell a new home by assignment?

That depends on why you bought the home.

If you’re the original purchaser and intentionally assigned the home because property values went up, you pay the GST. Canada Revenue Agency considers your purchase an investment “adventure”. The same may apply if the home is impractical for your needs, such as too small for your family. That raises suspicions you bought it to profit off rising housing prices.

On the other hand, if you planned to live there but your circumstances changed, such as relocating for work, you may be exempt. Axess Law Sarnia reviews your agreement of purchase and sale, and if needed, refers you to a trusted tax lawyer.

Are private or "B" lenders reputable?

Most lenders are reputable, but we advise anyone borrowing to buy or refinance Ontario property to do their homework. BBB (Better Business Bureau) websites for a credible source for consumer reviews. “B” lenders include major financial institutions, and work with you if your credit score disqualifies you for the best interest rates. Private lenders offer shorter terms, based on a property’s value and equity. Your credit score is irrelevant to these investors and mortgage investment groups, who want to make a quick profit and exit.

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 Sarnia, Ontario

Real Estate Lawyer Sarnia

Buying a Real Estate Property in Sarnia

Selling a Real Estate Property in Sarnia

Refinancing a Real Estate Property in Sarnia

About Sarnia

What Our Customers Say About Us

Sign Legal Documents by Video

Some FAQs

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