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Working with a Lawyer
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Working with a Lawyer When You Buy A Home
Buying a home is a big decision. It’s important to take your time and decide what type of home best suits your budget and lifestyle…a new or resale home, a single family home, condominium or co-operative. Your real estate agent will assist you in finding and viewing suitable homes, and guide you through the entire buying process. When you find a home you like, you begin with an Offer to Purchase. Your agent will prepare the offer and submit it on your behalf, but the agent’s loyalties are often divided between vendor and purchaser. It’s always best to have your lawyer independently review the offer on your behalf exclusively, before you sign it. If that’s not possible, your agent can make the offer conditional on your lawyer’s approval. Lawyers who specialize in real estate are often available outside office hours to review the Offer and suggest improvements to benefit you. Buying a property may be the biggest transaction of your life. Don’t take chances. Consult an independent real estate lawyer before you sign.
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