Lawyering Up When Buying a New Home

When buying a new home, at what point do you need a lawyer? Should a lawyer be involved in the entire negotiation process, or do you only need one by the time the deal is done? Most Canadian home buyers opt for the latter option, contacting a lawyer only after the offer has been made and accepted, because of the impression that it will save them money. On the contrary, hiring a lawyer only when the deal is done (or worse, not hiring a lawyer at all!) is mistake that usually ends up costing home buyers a huge amount of time and also money.

After all, a real estate lawyer does more than just review the purchase agreement, conduct a title search, register the deed, and transfer the funds. While all these are clearly important functions, there are other equally important tasks that a property lawyer can serve that will make it all the more imperative for you to hire one early one.

For one, an province-specific real estate lawyer can review all the paperwork well ahead of time and ensure all laws and tax issues in your province are met. Financially speaking, most home sellers face a few unpleasant surprises that sneak upon at the end of the home purchasing process or even after they’ve settled into their new houses. Surprises such as additional charges and structural defects, and HST at a whopping 13 percent in Ontario, charged on newly constructed residences only -problems that can be prevented early on by a lawyer.

Of course, enlisting a lawyer from the very beginning cannot only save you money in certain areas, they can also pinpoint rebates and province specific tax rates, such as first-time home buyers’ credit and HST rebates. Another reason to involve a lawyer early on is to be afforded full protection in terms of financing.

Lawyers who understand provincial and federal law, rules and regulations will help you make the correct decisions in terms of purchasing, financing and signing on the dotted line. For example, he or she can help the home buyer not get stuck in a deal where there’s no way to opt out of financing, and navigate “legal language”. There are always going to be certain terms that the home buyer might not understand, and can only be correctly interpreted by a lawyer. For instance, if the contract uses the word “encroachment” instead of “easement”, the home buyer might not even realize that there’s an existing condition that prevents him from exercising full property rights over the subject property. Then payment of outstanding real estate taxes is also a matter of concern, as most sellers pass on the burden to the home buyers with the latter not even realizing it.

To put it simply, a lawyer plays a pivotal role in the process of buying a home. If you do away with one, the consequences will most likely be dire, and you will be forced to comply with conditions in the purchasing agreement that weren’t all too clear to you in the first place

Posted in Uncategorized | Tagged | Comments Off on Lawyering Up When Buying a New Home

Why Playing Online Games Is Beneficial

The appeal of online games has never been more popular today than it was a few decades ago. Thanks to an ever increase in access to the internet and constant development in visuals and graphics with realistic features, online gaming is here to stay. In fact, research shows that one in every five internet user visits gaming sites and this number will steadily increase in the next few years as game developers use more advanced technological equipment to make games even more realistic. Although some people may claim that playing online games can be harmful, there are some health benefits with playing games online.

Boosting Memory and Cognitive Development

Games available in the internet are not exclusive, meaning that, players have access to a variety of games. One type of game is that can actually help boost your memory and develop your cognitive skills. We all know that humans normally do not use 100% of their brain function and if one does, often only one side is often used. Puzzles, trivia, logics and other problem solving games help improve brain function and this is not only in one part of the brain but in all areas of it. As the internet grows day by day, one has limitless sources of games, making it easier to challenge oneself with new and exciting activities to work on.

Gateway to Health and Recovery

People with health issues or those who are recovering from illness may find using online game tools helpful to speed up their recovery. Adults who have kids that are sick may also find games that will help kids understand their illness and make it easier for them to deal with such illness. Some games are not only entertaining but also educational making these ideal tools to not only foster creativity but also understanding. Some not-for-profit organizations also make use of online games to help educate kids and adults.

Improve Social Interaction

People that have social interaction problems or are too shy may find it hard to develop friendships in the real world. This dilemma is eliminated through playing online games especially the role-playing ones. Most of the games have an online community so one would not feel alone and can even foster friendships that can extend outside the virtual world. Another thing that is great about this is that one can be oneself and does not need to fake themselves just to be accepted as the virtual gaming community accepts and does not discriminate against age, race and gender.

Posted in Uncategorized | Comments Off on Why Playing Online Games Is Beneficial