Tillsonburg Ontario Lawyers

Dial Axess Law Tillsonburg for virtual real estate lawyers near you. We bring flat fee legal services directly to you when you buy, sell, or refinance real estate anywhere in Ontario. Axess Law Tillsonburg is a virtual lawyer service.

Real Estate Lawyer in Tillsonburg

Connect with licensed legal professionals day or evening, 7 days a week. All you need is a laptop, home computer, tablet, smartphone, or almost any mobile device. Axess Law Tillsonburg’s remote video conference software is secure and confidential. You can finalize real estate transactions without leaving home, or e-sign mortgage refinancing documents at your convenience when you use Axess Law Tillsonburg.  

Buying a Real Estate Property in Tillsonburg

Axess Law Tillsonburg makes your home buying dreams a reality by arranging the legal documents you need to complete a sale. We search title to properties for liens or charges that could delay your move, and liaise with lenders to finalize mortgages. Whether you want to add a spouse to title, or negotiate with sellers over home inspection problems, you can count on Axess Law Tillsonburg.

Selling a Real Estate Property in Tillsonburg

Virtual real estate lawyers make selling a home in Tillsonburg affordable. Our flat fee legal rates take the guesswork out of what your home sale will cost. Axess Law Tillsonburg reviews offers to purchase for clauses that protect your seller’s right to keep the deposit. We amend timelines if buyers hit financing delays, and arrange for you to e-sign or discharge mortgages when you buy or sell property.

Refinancing a Real Estate Property Tillsonburg

Make home updates without delay by refinancing existing mortgages, or taking out a home equity loan. Axess Law Tillsonburg prepares the legal documents you require. E-sign new mortgages, or register a home equity line of credit against your property title using our virtual lawyer service. 

Our experienced real estate lawyers contact you via remote video conference technology to make your new loan arrangements.

About Tillsonburg

Tillsonburg blends rural and urban living seamlessly. The former tobacco and logging town boasts Ontario’s widest main street, Broadway, but may be best known for its art. The perfectly preserved Great Western and Lake Erie & Pacific Railway stations, reimagined as the Station Arts Centre, host the Roads to the Station barn quilt. It’s one of three local folk art replicas on the Ontario Barn Quilt Tour. For a rare glimpse into the William Morris-led aesthetic art movement, stop by Annandale National Historic Site. The richly decorated Victorian home was inspired by an 1882 Oscar Wilde lecture.

What Our Customers Say About Us

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Sign Legal Documents by Video

Axess Law video conferences with you anywhere in Ontario. Call to talk to real estate lawyers 7 days a week, day or evening, at your convenience. Our virtual lawyer services make it easier to get legal services. Timely legal advice and low flat rate legal services — make your appointment by dialing 647-479-4118, toll free to 1-877-552-9377, or use our easy online booking form. Debit, cash, VISA or Mastercard accepted.

Some FAQs

Not at all. True, it is expensive, but whether you buy insurance is up to you. 

Mortgage life insurance is not mandatory, but it does prevent your family or beneficiaries from suffering a potential foreclosure if they are unable to afford the mortgage payments on your matrimonial or family home when you die. The payout for mortgage life insurance is strictly the balance owing on your mortgage, and it goes directly to your mortgage lender. 

That clears the mortgage charge on the property title. Your estate trustee can distribute the home according to your Will, or a legally married spouse can file a survivorship application for exclusive possession.

Don’t confuse mortgage life insurance with mortgage default or loan insurance. That’s a guarantee offered by high ratio insurers like CMHC, Canada Guaranty, or Sagen™. It allows your lender to get their money back if you default on your mortgage due to job loss, disability, or any other reason. 

Is mortgage life insurance worth the expense? It’s useful to know the payments never change, even as your mortgage balance gradually declines. If that worries you, consider investing or buying general life insurance to protect your family instead.

That depends on your circumstances, which is why Axess Law Tillsonburg reviews your agreement of purchase and sale before you sign.

For instance, if you and the seller mutually agreed to return the deposit if you fail to get mortgage financing, it’s likely a simple matter of signing a release. Your real estate agent will return the deposit to you when the signed release is received.

Brokerages are required by law to keep your deposit in a designated trust account at a recognized financial institution. So if you didn’t agree on who keeps the deposit if a deal falls through, it will remain there. 

Although Axess Law Tillsonburg can negotiate with the seller’s lawyer to see if they will return the deposit, you could be in for a wait. Your other options are to forfeit it, or apply for a court order to have your deposit returned. Since offers to purchase are legally binding, unless yours is carefully worded, the judge may rule in the seller’s favour. Because going to court is expensive, weigh carefully if getting your deposit back is worth the time and effort.

Housing demand is fed by interest rates, and how many homes are on the market when you buy or sell. A hot market can make sellers less willing to negotiate, and vice versa. Of course, price isn’t the only consideration. Offering all cash, a firm offer with no conditions, or a quicker closing could win the day. 

Back to your question, why the discrepancy between sales and listing prices? Some sellers undervalue their homes to generate offers. Surprised buyers may be informed only closed bids are being accepted, or asked to counter offer because multiple bids have been received.

Tread cautiously if you become embroiled in a bidding war to get the home you want. Overbidding for a home may backfire if the property appraisal doesn’t match the amount you offered. You may have to put more down to make up the difference, or abandon your deposit. Legal consequences, like demands to compensate the seller for the inconvenience of relisting or storing possessions, may follow.

No system is fail proof. That includes lockboxes. A dedicated thief can thwart most security codes, just as they can electronically capture your door FOB’s signal from the street.

Newer models use a smartphone app, or electronic key that sends an infrared signal to the box to open it. Otherwise, your real estate agent gives out the access code when a viewing is arranged.

It’s up to your agent to verify who they give your code to. Ask them to change codes regularly, which can be done remotely with digital lockboxes, and avoid using easily guessed combinations like your street address.

Keeping a record of who received the code is helpful if anything goes missing. At the same time, take steps yourself to secure your belongings by:

  • removing valuables or mementoes
  • and placing prescriptions, bank statements, income tax returns, or anything that can identify you in a safe.
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.

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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