.png)
The team approach: having the right salesperson, mortgage broker, and lawyer on your side
No items found.
.png)
Jonathan A. Hacohen
April 25, 2016
.png)
Buying your dream home is the biggest purchase of your life. When preparing for your purchase, make sure you get the right team in place. The stronger your support, the smoother the process will go.
Who’s involved in the home buying process?
There are 3 main stages to your home purchase:
The interesting part is that many people believe that you only need to retain each professional in stages. First, hire the real estate salesperson for the offer. Then, work with the mortgage broker to arrange the mortgage. Finally, find the real estate lawyer at the end to close the transaction and get the keys. Right? WRONG!!! You shouldn’t wait to retain each professional – get your team ready ahead of time.
Picking the pros
Take the time to speak to trusted colleagues, friends and family. Make sure the salesperson, lawyer and mortgage broker understand your needs and pick professionals that you feel most comfortable working with.
You want a combination of knowledge, experience, and of course, personality. People that will get the job done right, and with a smile on their face.
When you are ready to put in your offer with your real estate salesperson, you will have a better idea of your financing abilities thanks to your mortgage broker. Should an issue arise at any time from the offer stage to closing, you have your trusted real estate lawyer on standby ready to assist on your behalf. Your three professionals will work as a team, side-by-side each step of the way.
Communication is key
The better that your team communicates, the easier your life becomes. And who doesn’t want an easier life? As a real estate lawyer with over a decade of experience, I can tell you that the most enjoyable real estate transactions are those where I work closely with professional real estate salespeople and mortgage brokers. Together, we keep in contact throughout working on our file. The client gets steady progress reports and issues are solved through mutual efforts. The real estate salesperson can call the lawyer anytime with questions. The real estate lawyer can call the mortgage broker to confirm the financing. Each step progresses like clockwork.
At the end of the day, you will end up with a beautiful home closed right. And you will very likely end up making 3 lifelong friends along the way. It is always good to know that they’re there for you even after closing. Happy home hunting!
Please feel free to fill out an information form and one of our lawyers will get back to you shortly. We also encourage you to sign up for our newsletter- and receive an update as soon as the latest blog entry is posted.
Thank you for visiting Kormans.ca and be sure to check back often. Please bookmark our site. Tell your friends and family. We look forward to working with you and having you join our legal family!
Jonathan
Jonathan (aka “The Chosen Lawyer”) was called to the Ontario Bar in 2002, graduated from Osgoode Hall Law School in 2001 and completed his Bachelor of Business Administration at The Schulich School of Business (York University) in 1998. In addition to being a Partner at Kormans LLP, Jonathan’s journey in law started as an Associate with a large Bay Street law firm, as well as enjoying a secondment working in-house at Tim Hortons (TDL Group) for almost a year!
Jonathan was an Instructor with OREA, teaching the Real Property Law course to future realtors in Ontario. The Chosen Lawyer is a sought-after lecturer at seminars, team meetings and conferences—often speaking to groups including realtors and mortgage brokers on a variety of legal topics including real estate, corporate/commercial and wills/estates law. He also speaks on non-legal topics including Organization, Productivity, Motivation, Work/Life Balance and Mindfulness. Jonathan adopts a zen-like approach to the practice of law and shares his real-life experience with others in order to help them achieve success and happiness! In order to book The Chosen Lawyer for your next session, please email Jonathan at info@kormans.ca
Before entering the legal field, Jonathan chose to study business as he envisioned having a background in all aspects of business (including accounting, economics, finance, marketing and HR) would prove to be very useful as a lawyer—in understanding and communicating with business clients on their respective businesses and industries. Jonathan has a diverse client base, including many first-time home purchasers, residential clients (purchases, sales, refinances, assignment transactions), corporate/commercial clients (real estate transactions, leases, incorporations, shareholder agreements), as well as assisting clients with preparing wills and powers of attorney.
When he is not in the office or in front of a computer, Jonathan can either be found in the gym, boxing ring, learning a new recipe in the kitchen or on a yoga mat. Jonathan has competed with UFE (Ultimate Fitness Events) and is a double medal winner in the physique category! Jonathan is also an avid animal lover and can usually be found with his trusted pal Ollie (Shih-tzu dog) by his side.
Don’t forget to watch episodes of Podcasts/Docuseries hosted by Jonathan “The Chosen Lawyer”TM on the Kormans LLP YouTube channel or listen to it across all podcast players, including Apple Podcasts and Spotify!
.jpeg)
Good news for first-time home buyers! On May 27, 2025, legislative proposals were introduced in the Parliament to amend the Excise Tax Act by creating a new GST rebate specifically for first-time home buyers.
Purchasing a condominium in Ontario demands more than selecting the right unit! One of the most important aspects of this transaction is a thorough review of the status certificate.
As part of a commercial real estate sale transaction, our office often gets retained during the early part of the transaction in order to review the Agreement of Purchase and Sale (the “APS”).
.webp)
