Long before you can renovate your home, you have to go through the arduous process of actually attaining it. Seasoned homebuyers know how tiring the process can be, especially when going through traditional channels. And first-time homebuyers may find the process doubly difficult, as they attempt to learn about and undergo the process simultaneously.
Right now, the real estate market is booming. Across North America, an upcoming generation of financially mobilized millennials is looking to enter the market. At the same time, boomers and silent generation members continue to upgrade, downsize or relocate to secure a more comfortable lifestyle.
In short, rarely has there been a time like the present: when good real estate lawyers are in such high demand. But there’s an alternative to traditional, brick-and-mortar lawyers that all homebuyers should know about – online real estate lawyers.
In the interest of educating and aiding homebuyers, let’s explore a few reasons online real estate legal services are advantageous.
The cost-saving potential of partnering with an online lawyer is a major selling point for many homebuyers. The buying process is already taxing (literally and figuratively) on your pocketbook, so you want to find ways to save money wherever you can.
Certain notable online real estate lawyers offer a “lowest price guarantee” – essentially a pledge from the firm to provide you with quality service at a price you won’t find elsewhere. Even if the switch to an online lawyer only saves you a couple hundred bucks, that’s a couple hundred dollars you can channel toward making your new home better through renovations and furnishings.
Transparent, Fixed Pricing
Online lawyers of any kind – not just virtual real estate lawyers – are known for their “fixed pricing.” “What does that mean,” a new homeowner might ask? Anyone who’s dealt with traditional lawyers before knows that pricing can be opaque; firms often aren’t transparent with their rates, and you sometimes wind up paying more than expected.
Most online lawyers (at least the great ones) decided to forego that old model in favour of a more upfront approach. At a time when you’re closely watching every dollar, you, the homeowner, want a firm that’s frank about its costs.
Easy, All-Day Communication
What if you have a burning question about your purchase at 9 pm on a Tuesday? What if you need urgent documents signed and witnessed early on a Sunday? Do you want to spend your time driving to a physical firm in the hopes of talking to someone?
Not really, no. Thankfully, because virtual firms operate through online communication channels, they are available any time of day, every day of the week. Greater access to legal counsel equals less stress throughout the buying process.
Finally, a note about the COVID-19 pandemic. Hopefully, the pandemic is gearing down for good. Hopefully, business can resume as normal. For the time being, it’s still wise to be cautious. Online real estate lawyers offer contactless service, which helps buyers mitigate the risk of catching (and spreading) COVID-19.
Whether you’re buying a promising fixer-upper house to renovate, or a gorgeous move-in-ready condo in the city, online real estate lawyers can guide you through the process easily, openly, safely and inexpensively.
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