Top Bloomington, MN Short Sale Lawyers Near You
Our attorneys handle all aspects and phases of real estate transactions with proven sophisticated legal services, making Hellmuth & Johnson a recognized authority in the industry.
Protecting Your Property Rights is Our Business. Experienced Attorneys Practicing in Real Estate Transactions and Litigation
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200 Coon Rapids Blvd NW, #400, Coon Rapids, MN 55433
80 S 8th St, Suite 2800, Minneapolis, MN 55402
14985 Glazier Avenue, Suite 525, Apple Valley, MN 55124
775 Prairie Center Dr, Suite 400, Eden Prairie, MN 55344
220 South 6th St, Suite 2200, Minneapolis, MN 55402-4504
901 S Marquette Ave, Suite 2100, Minneapolis, MN 55402
80 South Eighth Street, Suite 3100, Minneapolis, MN 55402
1025 Exchange Buliding South, 400 South Fourth Street, Minneapolis, MN 55415
1611 County Road B West, Suite 101, Roseville, MN 55113
80 South 8th Street, Minneapolis, MN 55402
90 S 7th St, Suite 2200, Minneapolis, MN 55402
60 6th Street South, Minneapolis, MN 55402
33 South 6th St, Suite 3600, Minneapolis, MN 55402
2200 IDS Center, 80 South Eighth Street, Minneapolis, MN 55402
2113 Cliff Drive, Eagan, MN 55122
1600 Utica Ave S, Suite 600, Minneapolis, MN 55416
60 South 6th St, Suite 3100, Minneapolis, MN 55402
750 2nd St NE, Ste 100, Hopkins, MN 55343
1658 W Rome Ave, St. Paul, MN 55116
201 Ridgewood Avenue, Minneapolis, MN 55403
5001 Chowen Avenue South, Minneapolis, MN 55410-2210
201 Ridgewood Avenue South, Minneapolis, MN 55403
7077 Northland Circle, Suite 300, Brooklyn Park, MN 55428
7616 Currell Blvd, Suite 200, Woodbury, MN 55125
1200 Nicollet Ave S, Suite 412, Minneapolis, MN 55403
Bloomington Short Sale Information
Lead Counsel Verified Attorneys in Bloomington
Lead Counsel independently verifies Short Sale attorneys in Bloomington and checks their standing with Minnesota 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.