Mortgage
Mortgage and Real Estate Legal Advice in Canada
If you are buying property, you are probably overwhelmed by all the mortgage brokers and people offering free real estate advice. The truth is that you can surf the Internet for hours filling in bond calculators and reading all the tips about mortgages but you will still need to find a legal expert that has specialized in real estate and mortgage laws in Canada.
Your real estate or mortgage contract
We know how exciting it can be to finally get the ball rolling once you have found your dream home and that you are ready to sign the legal contracts involved. At this point people often read through the contract and assume that everything is in place (the seller is helpful and you have discussed the matters in the contract and you just want to get on with it). The problem with this is that there can be many costly things in these contracts that a lawyer would be able to pick up and have negotiated or removed that you might not be questioning (do you really know what all those levies and service costs are for and are you really supposed to be paying for them?)
Your real estate contract or mortgage contract is the deal you are signing for. After you have signed this legal contract you are not able to add things or negotiate certain aspects of the contract because when you sign this it, it becomes the agreement you will follow.
Getting a lawyer for your mortgage or real estate contract
Make sure that a reliable lawyer has read through your mortgage or real estate contract, that the lawyer understands your needs and that you agree to everything you are signing for (after all, this isn’t a one-year legal contract).
At Law Protection Inc, we have years of experience giving legal advice to people that are looking for mortgages or signing real estate contracts. Get our lawyers to give you the honest legal advice that you need when it comes to your property by filling out our enrolment form to become one of our members!