It’s no secret that the Greater Vancouver area has one of the most complex housing markets in North America. With housing prices and regulations ever-shifting, any major changes can wreak havoc on the buying and selling process. As early 2020 has served to remind property owners and sellers, having the right team on hand to assist with all legal related issues can help relieve significant stress when it comes to navigating the real estate market. As an experienced firm that handles countless property-related legal matters throughout the Greater Vancouver Region, Paperclip Law is here to help. Below will give some quick insight into how major events like the situation unfolding in at present can affect the purchase or sale of a property, as well as how having dedicated legal representation can help you mitigate such challenges. Read on to learn more!
Addressing The Elephant In The Room
At the time this piece is being written (May 2020), COVID-19 has had a drastic impact on British Columbia’s housing market as the real estate, and all related industries have been left scrambling to keep up with the rapidly changing developments evolving on a nearly daily basis. While this piece is not intended to speak to any direct or permanent outcomes as a result of the virus, we will explore current examples of how such a large scale event can affect your legal dealings when it comes to real estate transactions.
Handling Housing Matters During Challenging Times
As we’ve mentioned above, the Vancouver housing market is often not for the faint of heart, even at the best of times. With the situation being highly elevated due to current factors, having legal representation is more important than ever. In the event your sale or purchase needs to be delayed due to unforeseen circumstances such as mandatory quarantines or inaccessible services, working with a lawyer can make it much easier to address such matters properly. From covering extensions to making sure your paperwork is processed as quickly as possible, your legal team will always move forward with your best interests in mind.
Not Just For Times Of Crisis
In general, retaining a legal team for any major property purchase is advisable. Whether you’re a savvy investor or are simply looking to settle into your next home, the right guidance will help you avoid costly mistakes and ensure the process moves ahead as smoothly as possible. Before you sign on the dotted line, be sure to do your due diligence and run things by your trusted legal team.
Partner With Paperclip Law
Since 2011, Paperclip Law has been boldly redefining the way individuals and corporate real estate clients interact see their legal advisors. Our team believes in forming longstanding relationships with our clients based on trust, transparency, and (of course!) unparalleled legal expertise. We’re here to guide you through real estate transactions, as well as a wide variety of additional legal services, one step at a time. Learn more by contacting our team today!
