Top Sturgis, SD Residential Real Estate Lawyers Near You
Residential Real Estate Lawyers | Serving Sturgis, SD
704 St. Joseph Street, Suite 200, Rapid City, SD 57701
Residential Real Estate Lawyers | Serving Sturgis, SD
516 Fifth Street, PO Box 1820, Rapid City, SD 57709
333 West Boulevard, Suite 400, Rapid City, SD 57701
909 St. Joseph Street, Suite 800, Rapid City, SD 57701
2640 Jackson Blvd., PO Box 1552, Rapid City, SD 57709
326 Founders Park Dr, Rapid City, SD 57701
730 South Street, Suite 200, Rapid City, SD 57701
1830 West Fulton Street, Suite 201, Rapid City, SD 57702
Sturgis Residential Real Estate Information
Lead Counsel Verified Attorneys in Sturgis
Lead Counsel independently verifies Residential Real Estate attorneys in Sturgis and checks their standing with South Dakota bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Does Contingent Mean in Real Estate?
In a real estate transaction like the sale of a house, a “contingency” clause in the contract acts as a way to cancel the contract if a certain event were to happen. For instance, if you make an offer and the seller accepts it, you may negotiate a contingency that accounts for a poor housing inspection allowing you to back out of the deal. If you need to sell your home as well, you could negotiate a contingency that allows you to back out of buying the new home if you can’t sell your current one.
What Is a Short Sale?
A short sale is when the seller is selling the property for less than is owed on the mortgage. This could be a bank that repossessed the home in a foreclosure. In this case, the bank would sell the house, essentially hoping to get someone to buy the house, and the bank will forgive the difference that remains on the original mortgage. A short sale often presents a good opportunity to the right buyer who needs to save a bit of money.
Do I Need a Real Estate Lawyer or a Real Estate Broker?
A broker (also known as an agent or realtor) represents people in the home buying or selling process. But they may not be as experienced when it comes to contract negotiations as a real estate lawyer. While you may not need a real estate lawyer for your home sale, they can help you deal with any unexpected roadblocks to the sale process. Some states also require a real estate attorney for any contract signings. If you are unsure, you could schedule a consultation.