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Admit it or not, there are some significant purchases in life, which are big decisions, like a home- Isn’t it? And, while investing in Calgary real estate for a home purchase, refinance, or sale, it’s necessary to have a professional Calgary real estate lawyer on your side.
Sounds odd, like why do you need to do so? Well, it’s not just about keeping your long-term investments safe and reducing risks but beyond that. Hear us out!
Reasons Why You Need to Have a Calgary Real Estate Lawyer by Your Side
As mentioned, buying, selling or refinancing your home is one of the biggest decisions in life. And, since these are long-term investments, you want to prioritize your investment to avoid risks and keep it safe, where working together with a real estate lawyer throughout the process is necessary to meet your expectations. Let us tell you why:
#1: To Avoid Unwanted Stress-
Whether you are buying a new home, refinancing it or selling the old one, every process involves a lot of legal paperwork. And, unless you are familiar with Calgary real estate laws and regulations, it will take several hours and even weeks, causing unwanted stress and headaches.
Instead, having a real estate lawyer in Calgary by your side ensures a stress-free procedure from the first day of signing the agreement to the day of closure. Hence, you can say goodbye to the probable issues!
#2: Ease Property Purchase-
Buying a property takes a lot of time, creating stress and frustration in your happy life, especially while planning to enter your new Calgary home. If you wish to avoid legal real estate issues, it’s best to work together with professional Calgary real estate lawyers. These experts won’t just help you review your legal documents and prepare them for closing but in other cases. For example:
- Mortgage documents
- Buying and selling agreements
- Real property reports
- Home title search and documents
- Potential property liabilities
- Property title and ownership transfers
- Legal binding and closing
In fact, we suggest meeting a real estate lawyer at least before you sign your buying or selling agreement to ensure you don’t have to change or add conditions after that. Otherwise, that will be more challenging as you and your buyer or seller have to provide written consent. Also, they can advise you on hidden obligations of the agreements so you can avoid the risks down the road.
#3: Ease Property Sale-
Yes, you will have the realtor here to prepare an agreement for signing. Still, you should keep a real estate lawyer by your side here at the closing time before signing the contract. They will help you identify the legal obligations and resolve them.
For example, if your property has any liens or structural damage, the purchaser may sue you in the near future after identifying such issues. Real estate lawyers can assist you in eliminating those encumbrances and physical deficiencies of your property while guiding you with closing and legally binding your agreement with the other party’s lawyer.
#4: Assist With Home Buying From a Builder-
Many property owners in Calgary prefer buying homes from builders to real estate agents, which is slightly different. Yet, without having much experience, you may face challenges during legal document review and preparation.
Why risk it? Instead, let professional real estate lawyers of Calgary do the job for you as they have experience dealing with various builders, from city developers to established ones. You can rest assured that you won’t spend unnecessary money and waste your time!
In Conclusion
We understand how big a decision is to buy, refinance or sell your property in Calgary. And, if you want to ensure your investment is safe, work together with reliable and professional real estate lawyers like us. At Peter B Mason Real Estate Lawyers, we are providing legal guidance and support for real estate purchases, refinance and sale. With our best lawyers, you will get assistance with dispute elimination, legal document review and preparation, negotiations, and much more. Call us now or click here to get an instant estimate online!