Question 1

How does selling to a cash home buyer work on Long Island?

Accepted Answer

Selling to a cash home buyer on Long Island is a simple three-step process. First, you submit your property information for a free, no-obligation cash offer. Second, if you accept the offer, a title company handles the paperwork. Third, you choose your closing date and receive cash, often in as little as 7 to 14 days.

Question 2

How much do cash home buyers pay for houses on Long Island?

Accepted Answer

Cash home buyers typically offer 70 to 85 percent of a home's fair market value on Long Island. While this is below full retail price, homeowners save on realtor commissions (5 to 6 percent), closing costs, repair expenses, and months of holding costs, which often makes the net proceeds comparable to a traditional sale.

Question 3

Are cash home buyers legitimate?

Accepted Answer

Reputable cash home buyers like Square One Home Buyers are legitimate, licensed businesses. To verify a cash buyer, check for positive reviews, a physical business address, proof of funds, and a track record of completed transactions. Legitimate buyers will never ask for upfront fees or pressure you to sign immediately.

Question 4

Do I need to clean or repair my house before selling to a cash buyer?

Accepted Answer

No, cash buyers purchase homes in as-is condition. You do not need to make repairs, clean, stage, or even remove unwanted furniture. The cash offer accounts for the current condition of the property, saving you time and money.

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