How selling to us works in Mastic
- 1
Start with the basics
Where the house is (11950) and a rough sense of its condition is all we need to begin. Call or use the form. Nothing needs fixing or clearing out beforehand.
- 2
We come and look at it
One visit, one person, usually under half an hour. On a ranch or cape cod of the age most of Mastic was built, we are mainly looking at the roof, the boiler and the electric rather than the kitchen.
- 3
You see the number
Within a day you get our offer as one written figure. Get a Suffolk County agent's opinion alongside it if that helps. For a house that could go on the market as it stands, listing may come out ahead, and we will tell you if so.
- 4
Closing happens on your date
If you need it done quickly, it can be. If probate, a tenant or a move means waiting, we wait. What you skip is the 72 to 87 days a Mastic listing usually spends on finding a buyer and then on that buyer's lender.
What the work looks like
As we buy themWhite ranch with tall shrubs along the front · Mastic
Mid-renovationRoom with drop cloths and painting gear set out · Mastic
FinishedRear of a ranch with new green siding · Mastic
What does not happen
The list of things that do not occur is shorter than the process itself, and it is where most of the difference sits. No appraisal, because there is no lender to satisfy. No inspection contingency, so nothing found later becomes a reason to reopen the price. No financing contingency, which is the clause that kills the largest share of ordinary sales. No showings, no staging, no open houses.
You also do not clean, clear, repair or empty anything. Furniture stays if you want it to, the basement stays as it is, and the contents of the attic are not your problem to solve before closing.
Where your attorney comes in
In New York both sides instruct an attorney, and you should use your own rather than anybody we suggest. Yours reviews the contract before you sign it, holds the deposit in escrow, runs the title search and represents you at closing.
That is the single strongest protection you have in any sale, to us or to anyone. If you do not have an attorney we will give you names, and you should treat those as a starting point for your own search rather than a recommendation to follow. Anybody in this business who suggests you do not need one, or who wants to supply yours, has told you something important about themselves.
Choosing the closing date
The date is yours and it goes in the contract. Some sellers want the shortest possible timeline because the house is costing them money every month. Others need to wait on probate, on a tenant, or on somewhere to move to, and that is equally workable.
This is the part that differs most from a listed sale. On the open market the timing is not really yours: the Mastic median is 27 days to find a buyer, then another 45 to 60 days waiting on that buyer's lender, and any of it can slip. Here the date is a term of the contract rather than an estimate.
When we tell you to list instead
It happens on a meaningful share of the calls we take, and it is worth explaining why rather than presenting it as generosity. A house in showable condition that a bank will lend against belongs on the open market, because competition between financed buyers produces a higher number than any single cash buyer will pay. That is simply how the arithmetic works.
Our number makes sense in the other situation: when the house will not finance, when the repairs cost more than you can recover, or when the timing or the circumstances mean a months-long retail sale is not something you can carry. We will tell you which of those two your Mastic house is, and you are free to take that opinion to an agent and check it.
Common questions
Is the offer binding on me?
No. A written offer is ours to honor and yours to ignore. Nothing is committed until a contract is signed by both sides and reviewed by your attorney.
Do I need an attorney?
In New York, yes, both sides use one. Use your own. If you do not have one we can suggest names, but we are not going to steer you to somebody who works for us.
What if I get a better offer elsewhere?
Take it. We would rather lose a house to a better number than have someone feel cornered into ours.
Will you renegotiate after we agree?
No. The number in the written offer is the number at closing. If we open a wall and find something, that is our problem, not a reason to come back to you.
Do you charge anything?
Nothing. No commission, no fee for the visit, no fee for the offer, and we can cover seller closing costs.
How long does the whole thing take in Mastic?
As long or as short as you want, within reason. We can move quickly because there is no lender setting the pace, and we can also wait months while you sort out probate, a tenant, or somewhere to move to. The date goes in the contract and we work to it.
Who else will come to the house?
One person, once, usually for under half an hour. No appraiser, no inspector, no photographer, and no stream of strangers at weekends.