Top Portland, ME Short Sale Lawyers Near You
One Monument Square, Suite 600, Portland, ME 04101
90 Bridge Street, Suite 100, Westbrook, ME 04092
477 Congress Street, 5th Floor, Portland, ME 04101
85 Exchange Place, Portland, ME 04101
Two Monument Square, Suite 704, Portland, ME 04101
One City Center, Suite 11100, Portland, ME 04101
2 Monument Square, Seventh Floor, Portland, ME 04101
53 Exchange Street, Suite 400, Portland, ME 04101
121 Main Street, Yarmouth, ME 04096
74 Beach St, Saco, ME 04072
361 US Route One, Falmouth, ME 04105
23 Centre St, Bath, ME 04530
2 Monument Sq, Suite 901, Portland, ME 04101
One Canal Plaza, 9th Floor, Portland, ME 04112
75 Pearl Street, Portland, ME 04101
Two Canal Plaza, Portland, ME 04101
One City Center, P.O.Box 9546, Portland, ME 04101
Twelve Portland Pier, Portland, ME 04101
2 Monument Square, Suite 900, Portland, ME 04101
Merrill's Wharf, 254 Commercial Street, Portland, ME 04101
100 Middle Street, Portland, ME 04101
One Canal Plaza, Portland, ME 04101
One Monument Way, Portland, ME 04101
84 Marginal Way, Suite 600, Portland, ME 04101-2480
10 Free St, Portland, ME 04112
Portland Short Sale Information
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Lead Counsel independently verifies Short Sale attorneys in Portland and checks their standing with Maine bar associations.
Our Verification Process and Criteria
Ample Experience
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Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
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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.