Big Apple Homes Realty is committed to excellence and will work with you every step of the way of selling your property, but even then you might wonder, “Why do I need a real estate agent to sell my house?” “With the Internet and all, I can do practically everything that an agent would do, so why should I pay out all that money?” In asking these questions you are certainly not alone, many home sellers have raised similar concerns and because there is so much money at stake, these questions require some explanations. In today’s society, selling property is not just a skill of negotiation, there are legal issues involved, which if not handled properly, will result in serious financial burdens on the seller. After all, getting sued is the last thing you want to worry about while selling your house. In the past years the sale of residential property has experienced a steady rise in lawsuits and litigations, and most of these unfortunate events are directed against the seller. The majority of legal issues arise during the transfer of the title on the property. The process by which the title is transferred is rather complicated and involves numerous legal issues, which if not handled appropriately may become costly to the seller. Important decisions must be made concerning contract terms, escrow matters, transfer of title, apportionment of costs and any number of other matters. Also, simple things like missing words or mistakes in grammar can eventually lead to lawsuits. Besides the missing words and grammar mistakes you should also consider the following points: Buyers who look for "FSBOs" usually offer 6-10% below the price of comparable properties because they know you are not paying a commission. There are substantial risks involved when a seller agrees to "carry back" a note from the buyer; risks that can cost you thousands of dollars. Your good credit rating can be ruined by your buyer's default, many months, or even years, after that buyer "assumes" your loan. A clever buyer can stay in possession of your property for many months after he defaults on the contract, and in effect "live for free" at your expense. Most buyer complaints involve alleged damages of less than $10,000, yet you could be forced to spend thousands in attorney's fees to defend such a claim. Alleged failure to disclose such things as previous repairs, insects, exact lot lines, and the presence of certain types of mold/fungus in the property are the source of many lawsuits against sellers.

To sum up, a lawsuit can be a nasty endeavor. Besides a head ache and time lost, there are legal fees involved. Even if you are innocent, you are still obligated to pay for lawyers, court costs, and other legal fees. On the other hand, if you are found liable there is no insurance and the financial burden can be immense.

At Big Apple Homes Realty, our highly skilled and professional real estate agents fully understand all the nuances that arise during property transactions. We will work hard to minimize any potential problems from arising in the first place. A great deal of complaints against the sellers allege problems with the condition of the property, and/or representations made to them about the property or the transaction. A Big Apple Homes Realty agent knows how to reduce the risk of these types of complaints by including effective "AS IS" and other clauses in the contract language, and by providing for such things as a professional home inspection, and a home warranty.

However, if a problem should arise, our experienced agents will move quickly to resolve the situation. Through understanding and vast experience with property transactions our agents identify the real problem, and to either solve it themselves or contact the necessary professionals that a seller alone might not have access to.

Simply put, selling your property without the help of a professional is a risky business. Big Apple Homes Realty will help you sell your property faster, while at the same time taking all possible measures to reduce litigations and complains. We will work hard to ensure a smooth transaction and a full satisfaction of our costumers.

We wish you the best of luck in you upcoming journey!
Big Apple Homes Realty, INC.