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Last Updated: Nov 24, 2024
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Buying and selling real estate has become very
specialized the last few years.
So when looking for a lawyer/notary, make sure it's
a real estate lawyer/notary - one who spends most
of the time closing real estate deals.
And don't wait until after the deal is struck before
choosing a lawyer; then you lose the valuable input
he or she can provide scrutinizing the offer
before your pen hits the paper.
Since your lawyer's role is part advisor,
part confidant and part nursemaid, a good
report with your lawyer is a must.
How can you find a good real estate lawyer?
Ask friends, family, neighbours and co-workers
who they've used in the past; and get several names
from your realtor or banker, too.
Never choose a real estate lawyer/notary just
because their fees are the lowest.
As with any other professional, quality and
experience are the key, not just price.
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After several visits, a buyer may make an offer to purchase your home.
Usually presented by the buyer's real estate agent to your realtor - or directly to you if you're acting as your own agent - this offer is a formal written contract that sets forth the terms under which the buyer is prepared to purchase.
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