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Your real estate lawyer sees what you can’t see - and knows what to do about it

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Whether you are the buyer or seller of a property, you have rights and duties. It’s the job of a real estate lawyer to ensure you are aware of and accept those responsibilities before you sign on the dotted line.

Avoid real estate litigation by checking with Edmonton real estate lawyer Andrew Geisterfer before you sign a real estate deal

Learn why it is a mistake to sign on the dotted line without first getting the expert legal advice offered by Edmonton real estate lawyer Andrew Geisterfer

An untrained eye can look at a real estate document and miss something that a trained and experienced real estate lawyer would see instantly. "It’s what you don’t know or understand that can hurt you,” says leading Edmonton real estate lawyer Andrew Geisterfer. "My job is to make sure that doesn’t happen.”

Why a non-legal service provider is not the same as a real estate lawyer

Chances are you have heard of individuals who claim they can handle real estate legal service even though they are not lawyers. You may even be tempted to use this option because it is "cheaper” than hiring a real estate lawyer. Think again. There are many ways that you can get an unpleasant surprise. For example, a purchase price may not be the same as the final price because it excludes closing costs. Or you may be lured in by a sales incentive that is dramatically reduced in the actual sales agreement. "The sad fact is that it is relatively easy to take advantage of someone who does not have legal representation,” Andrew says.

In addition to protecting your interests, a real estate lawyer gives you the peace of mind that comes with knowing you are hiring someone who is subject to professional regulations and must carry errors and omissions insurance. Settling for anything less makes no sense when you are about to buy a property that could very well be your single largest purchase. Moreover, you will likely need a lawyer to arrange a mortgage and insurance, mainly because the providers want an assurance that the title is clean (no liens or other encumbrances).

Also beware of do-it-yourself forms. They may look simple, but a single wording error or omission could cost you hundreds or even thousands of dollars.

Legal Scenario

First time home purchaser

"I have never bought a home before and am unsure about how to get started and what I will have to pay."

What Would Andrew Recommend?

Don’t hold back because you are afraid that you will be charged just to talk with the lawyer. Most lawyers, including me, will not charge you anything to talk over the phone or have an introductory meeting. If you call me (and I hope you do), I will give you a quick list of do’s and don’ts, based on the type of property you hope to buy. Just those few tips could end up saving you time and money. Many first time buyers think they can limit legal fees by bringing in a lawyer after the deal is done. That is a bad idea because no buyer, and especially no first-time buyer, should sign anything until it has been reviewed by a lawyer. Failing to take that step could mean that you have unknowningly accepted rights and duties that cost you much more than the lawyer’s fee.

Meet Andrew Geisterfer Edmonton Real Estate Lawyer

Andrew Geisterfer

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