Top Potomac, MD Residential Real Estate Lawyers Near You
8787 Branch Avenue, Suite 245, Clinton, MD 20735
199 East Montgomery Avenue, Suite 100, Rockville, MD 20850
5527 Surrey Street, Chevy Chase, MD 20815
11705 Berry Road, Suite 202, Waldorf, MD 20603
7845 Belle Pointe Drive, Greenbelt, MD 20770
199 E. Montgomery Avenue, Suite 100, Rockville, MD 20850
9210 Corporate Blvd, Suite 230, Rockville, MD 20850
30 Courthouse Square, Suite 100, Rockville, MD 20850
506 Main Street, 2nd Floor, Gaithersburg, MD 20878
3204 Tower Oaks Blvd., Suite 180, Rockville, MD 20852
132 Main Street, Prince Frederick, MD 20678
4610 Elm Street, Bethesda, MD 20815
7600 Wisconsin Avenue, Suite 600, Bethesda, MD 20814
7361 Calhoun Place, Suite 225, Derwood, MD 20855
7910 Woodmont Avenue, Suite 650, Bethesda, MD 20814
4550 Montgomery Avenue, Suite 760N, Bethesda, MD 20814
8400 Corporate Dr, Suite 230, Landover, MD 20785
15210 Dino Dr, #30, Burtonsville, MD 20866
7315 Wisconsin Avenue, Suite 800 West, Bethesda, MD 20814
401 North Washington Street, Suite 500, Rockville, MD 20850
6003 Executive Blvd, Suite 101, Rockville, MD 20852
858 Faraway Ct, Mitchellville, MD 20721
100 Park Avenue, Suite 250, Rockville, MD 20850
11604 Hitching Post Lane, Rockville, MD 20852
1401 Rockville Pike, Suite 650, Rockville, MD 20852
Potomac Residential Real Estate Information
Lead Counsel Verified Attorneys in Potomac
Lead Counsel independently verifies Residential Real Estate attorneys in Potomac and checks their standing with Maryland 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.