Top Palmer Lake, CO Short Sale Lawyers Near You
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4465 Northpark Drive, Suite 302, Colorado Springs, CO 80907
2 North Cacase Ave, Suite 320, Colorado Springs, CO 80903
2 N Cascade Ave, Suite 650, Colorado Springs, CO 80903
1975 Research Pkwy, Suite 100, Colorado Springs, CO 80920
90 S. Cascade Ave., Suite 400, Colorado Springs, CO 80903
231 E Vermijo Ave, Colorado Springs, CO 80903
3973 Forest Lakes Dr, Monument, CO 80132
90 South Cascade Avenue, Suite 1300, Colorado Springs, CO 80903-1615
90 South Cascade Avenue, Suite 1500, Colorado Springs, CO 80903
24 South Weber Street, Suite 400, Colorado Springs, CO 80903
105 E Moreno Ave, Suite 200, Colorado Springs, CO 80903
102 South Tejon Street, Suite 900, Colorado Springs, CO 80903
111 S Tejon Suite 202, Colorado Springs, CO 80903
90 South Cascade Avenue, Suite 1100, Colorado Springs, CO 80903
14 North Sierra Madre Street, Suite A, Colorado Springs, CO 80903
Palmer Lake Short Sale Information
Lead Counsel Verified Attorneys in Palmer Lake
Lead Counsel independently verifies Short Sale attorneys in Palmer Lake and checks their standing with Colorado 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.