Top Ellsworth, ME Residential Real Estate Lawyers Near You
36 Main St, PO Box 386, Blue Hill, ME 04614
1248 Tremont Rd, Seal Cove, ME 04674
6 Water St., PO Box 723, Ellsworth, ME 04605
4 State St., PO Box 729, Ellsworth, ME 04605
Eastlight Building, One West Lane, Blue Hill, ME 04614
204 Main St, PO Box 119, Ellsworth, ME 04605
149 US Route 1, PO Box 370, Bucksport, ME 04416
134 Surry Road, Ellsworth, ME 04605-0622
We found a limited number of Residential Real Estate law firms in Ellsworth. Below are some of the closest additional firms.
80 Exchange Street, PO Box 1210, Bangor, ME 04402-1210
23 Water St. Suite 400, PO Box 917, Bangor, ME 04402
145 Exchange St, Bangor, ME 04401
133 Broadway, Bangor, ME 04401
84 Harlow Street, Bangor, ME 04402-1401
46 Main Street, PO Box 1718, Bangor, ME 04402
8 Cottage St, PO Box 236, Milbridge, ME 04658
Ellsworth Residential Real Estate Information
Lead Counsel Verified Attorneys in Ellsworth
Lead Counsel independently verifies Residential Real Estate attorneys in Ellsworth and checks their standing with Maine 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.