Thursday, June 15, 2006

Ontarians Eager to Buy Homes but Lack Understanding of Legal Risks

Only 10% Understand Real Estate Lawyer's Role

Many Ontarians have jumped into the busy real estate market without fully appreciating the legal dimensions of home buying.

Homebuyers put a great deal of time and energy into finding their dream home. Real estate lawyers put the same careful attention into investigating the legal issues related to the property and closing the sale," says Kathleen Waters, an experienced real estate lawyer and Vice President, TitlePLUS. "That's where your real estate lawyer becomes an invaluable resource: he or she navigates you through the major legal implications of home purchase, and can help prevent a dream home from turning into a nightmare."

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