Top West Yarmouth, MA Short Sale Lawyers Near You
7 Parker Road, Osterville, MA 02655
39 Town Hall Square, Falmouth, MA 02540
956 Main Street, Dennis, MA 02638
3180 Main Street, Barnstable, MA 02630
901 Main Street, Suite O, Osterville, MA 02655
100 Independence Dr, Suite 7-935, Hyannis, MA 02601
161 Main Street, Rte 6A, Yarmouth Port, MA 02675
1471 Iyannough Road, PO Box 1630, Hyannis, MA 02601
23 East Main Street, PO Box 2155, Hyannis, MA 02601
8 Cardinal Lane, Orleans, MA 02653
1597 Falmouth Road, Barnstable, MA 02632
25 Mid-Tech Drive, Suite C, West Yarmouth, MA 02673
300 Barnstable Road, Hyannis, MA 02601
West Yarmouth Short Sale Information
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Lead Counsel independently verifies Short Sale attorneys in West Yarmouth and checks their standing with Massachusetts bar associations.
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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.
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Submit to an annual review to retain their Lead Counsel Verified status.
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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.