Top Pasco, WA Short Sale Lawyers Near You
7401 W. Hood Place, Suite 104, Kennewick, WA 99336
418 North Kellogg Street, Suite F, Kennewick, WA 99336
1915 Sun Willows Blvd, PO Box 2368, Pasco, WA 99302
660 Swift Boulevard, Suite A, Richland, WA 99352
1333 Columbia Park Trail, Suite 250, Richland, WA 99352
6725 West Clearwater Avenue, Kennewick, WA 99336
Pasco Short Sale Information
Lead Counsel Verified Attorneys in Pasco
Lead Counsel independently verifies Short Sale attorneys in Pasco and checks their standing with Washington bar associations.
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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
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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.