Real-life tips from a Toronto legal firm that represents many parties in home buying and selling transactions that run into issues.
This episode, I talked to Sam and Evan Presvelos, of the law firm Presvelos Law LLP.
We covered a range of topics that arise in normal home buying and selling transactions every day in the Toronto area, including the importance of how the agreement of purchase and sale is drafted, insufficient financing that puts buyer deposits at risk, misrepresented or misunderstood zoning permissions, rights and easements, why home surveys are not always readily available and what your agents should be looking out for, the limits of title insurance and more.
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John Pasalis is President of Realosophy Realty. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).
A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and selling a home.