A real estate deal is often the largest transaction, whether purchase or sale, many people make in their lives, and issues in the process can give a great deal of financial and emotional stress. Obligations to the other party, to government regulators (such as land transfer taxes), financial institutions, and insurance, make it much more complex than buying and selling of other goods usually is. The process can involve a number of different professionals; realtors, mortgage brokers, home inspectors, tradespeople, tax professionals, and lawyers.
Thankfully, with an experienced lawyer's help, the process can be made much smoother and you can have far more peace of mind up to and after closing. You can make this much easier if a few basic steps are followed.
Whether you are purchasing or selling the property, be aware of the following: