Top Concord, NH Short Sale Lawyers Near You
95 Market St, Manchester, NH 03101
One Capital Plaza, 2nd Floor, Concord, NH 03302-1500
900 Elm Street, Manchester, NH 03101
1100 Elm Street, Manchester, NH 03101
2 Whitney Rd, Suite 11, Concord, NH 03301
757 Chestnut Street, Manchester, NH 03104
900 Elm Street, 19th Floor, Manchester, NH 03105-3600
835 Hanover Street, Unit 103, Manchester, NH 03104
4 Park Street, Concord, NH 03301
10 Centre St, Concord, NH 03301
9 Capitol Street, Concord, NH 03301
47 Factory St., Nashua, NH 03060
889 Elm Street, Sixth Floor, Manchester, NH 03101
111 Concord Street, Nashua, NH 03064
670 N Commercial Street, Suite 108; PO Box 1120, Manchester, NH 03105
118 Pleasant, Portsmouth, NH 03801
11 South Main Street, Suite 500, Concord, NH 03301
2 Auburn, Box 1186, Nashua, NH 03061
130 Central Ave., Suite 6, Dover, NH 03820
One Capitol Street, Fourth Floor, Concord, NH 03301
45 S. Main Street, Box 3550, Concord, NH 03301
180 Locust, PO Box 4480, Portsmouth, NH 03802
64 N Main St, Suite 302, Concord, NH 03301
9 Triangle Park Drive, PO Box 2650, Concord, NH 03302-2650
214 North Main Street, Concord, NH 03301
Concord Short Sale Information
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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.