for sale sign

The process of finding and purchasing a new property to move to can be stressful. What’s worse is that, all the while, you will have to coordinate the sale of your old property. Continue reading to learn how to sell residential real estate and how one of the experienced New York City real estate attorneys at Zimmet Law Group, P.C. can assist you.

How do I sell residential real estate in New York State?

There are three main parts to selling residential real estate in New York State: the contract, the inspection, and the closing.

Once you have an individual who is interested in buying your residential real estate, then you must enter into a contract with them. In this contract, you must review the buyer’s terms and conditions and either accept, deny, or modify them in a way that best meets your wants and needs. Notably, negotiating your contract is likely one of the most important things you will do in this selling process.

When the contract is signed, the buyer will then have the right to inspect the property. That is, they will likely hire a certified home inspector to determine whether any significant issues need to be addressed before closing on the deal. If they flag any issues, you may be expected to repair them or take money off the asking price. With this, you must negotiate their requests to make them as reasonable as possible.

And lastly, once all negotiations are settled, you and the buyer can finally begin closing the deal. You will be allowed to do one final walk-through of your home before handing over the keys to ensure that there are no new problems. You will then be able to sign the closing statement that authorizes the buyer to purchase your home and transfer the money over.

How can a New York City real estate attorney help me?

When you are going through with the sale of your residential real estate, you can rest assured knowing that you have an attorney on your side whom you can trust. Our skilled New York City real estate attorneys are dedicated to your personal goals and concerns, and we will ensure to address them throughout the process. You will never be left in the dark about the status of your sale or anything else that may arise.

With all that being said, if you are interested in buying a home, selling your home, or performing any other type of real estate transaction, then you should not proceed any further without one of our seasoned attorneys. Give Zimmet Law Group a call and schedule your initial consultation today. We look forward to speaking with you and working alongside you.