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TR Talks Toronto Real Estate
Real Insights From Pickering's Top Real Estate Team
Are you a resident of Pickering or the Greater Toronto Area or planning on moving here? Whether you’re a homeowner, tenant, investor, or first time buyer - TR talks will give you bi-weekly updates on their insight and honest opinions on the ever changing real estate industry.
Consistently in the Top 0.5%-1% of Realtors across the GTA , out of approximately 75,000, your hosts, Team Rajpal bring you 50 years of collective experience to discuss market stats, tips and tricks for navigating the market, laws impacting housing, investment opportunities, and interviews with industry professionals from home inspectors to real estate lawyers and more! It's like an everything bagel except it’s real estate!
To Personally Connect with the Team please contact us at:
Remax KEY 2 Real Estate, Brokerage
Office:(647) 875-8000
Text/What'sApp: (647) 372-2997
Email: info@teamrajpal.com
Instagram: @teamrajpal
TR Talks Toronto Real Estate
90. The Risks of Same-Day Closings & How to Avoid Legal Pitfalls
Host: Rajiv Rajpal
Guest: Evan Shapiro, Real Estate Lawyer – Shapiro Law Firm
Episode Summary:
In this insightful episode, Rajiv is joined by experienced real estate lawyer Evan Shapiro of Shapiro Law Firm. With nearly two decades of collaboration between their teams, Rajiv and Evan dive into one of the most common (and often misunderstood) challenges in real estate transactions: same-day closings.
From the legal risks to practical delays, they break down what can go wrong, why things get held up, and how buyers and sellers can protect themselves.
🔑 Key Topics Covered:
- Why same-day closings are risky
- Buyers often want convenience—but face legal and logistical complications.
- Evan advises leaving at least one business day between selling and buying when possible.
- What can delay a closing
- Chain reactions in real estate transactions.
- Bank funding delays and missing documents.
- Unforeseen issues like debris in the home or lack of cleaning.
- The legal mechanics of a closing day
- Transactions can close as late as 5 PM.
- Lawyers can’t request mortgage funds until the actual day of closing.
- Delays from lenders can push closings into the late afternoon.
- Pro tips from the pros
- Try to schedule closings mid-week or the day after a long weekend.
- Consult your lawyer before signing your Agreement of Purchase and Sale.
- Expect delays and leave room for flexibility.
Evan Shapiro
Tel: 416-224-0808 ext. 249
Email: eshapiro@garryshapirolaw.com
https://www.garryshapirolaw.com/
Team Rajpal
Instagram: @teamrajpal
Facebook:https://www.facebook.com/teamrajpal
TikTok: @teamrajpalrealestate
Phone: 647-875-8000
Email: info@teamrajpal.com
www.teamrajpal.com
Top 1% of 75,215 agents in the GTA*