5 Top We Buy Houses for Cash Companies in Long Island

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Making plans to sell your house fast in Long Island can feel overwhelming, especially when your property needs significant repairs. Enter “We Buy Houses” companies in Long Island, ready with all-cash offers, especially for homes that aren’t in peak condition. Their promise? A straightforward cash sale that lets homeowners bypass the stress of repairs, receiving the proceeds quickly to get on with their future plans.

For many, these cash-for-homes companies offer a lifeline in unforeseen or pressing situations, providing a timely alternative to traditional home-selling avenues. However, like every choice, there are advantages and downsides.

In this post, we’ll provide an overview of the process and pros and cons of working with house-buying companies in Long Island, empowering you to make an informed decision about the best path for your unique circumstances.

Sell Your House in Long Island Fast With a Cash Offer

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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Long Island area “We Buy Houses” companies should not be considered an endorsement.

Working with house-buying companies in Long Island

The process of collaborating with a Long Island house-buying company is often more straightforward than you might imagine. Here’s a step-by-step breakdown to guide you through.

  1. Research reputable companies: Research and identify reputable house-buying companies in Long Island. Read online reviews, check Better Business Bureau ratings, and ask for references to ensure you’re working with a trustworthy buyer.
  2. Request an offer: Once you’ve selected a company, contact them to request an all-cash offer for your home. Some companies will give you a preliminary offer before they have even seen your home.
  3. Property assessment: A representative from the company will visit your home for an in-person evaluation. This step ensures the offer made aligns with the current condition of your property.
  4. Review the offer: Take your time to thoroughly review the cash offer presented. It’s essential to ensure that it aligns with your expectations and needs.
  5. Sign the agreement: If you’re satisfied with the offer, the next step is to sign the purchase agreement. Ensure you understand all the terms before putting pen to paper.
  6. Close the sale: With the agreement signed, you’ll move forward to the closing process, typically managed by a title company. Once complete, you’ll receive your cash, allowing you to embark on the next chapter of your journey.

Popular We Buy Houses for Cash companies in Long Island

If the process of selling to a house-buying company in Long Island sounds good to you, it’s time to find a legitimate operation you can trust.

We’ve compiled some of the top companies that will pay cash for your Ranch-style home or your parents’ Colonial house. By selling to one of these companies, you should be able to sell your Long Island home in as little as a week or two.

Sell Now Homebuyers

Sell Now Homebuyers is a reputable home-buying company based in the New York Tri-State area, with more than 20 years of involvement in the real estate industry. The company places great importance on maintaining a reputation built on ethical, honest, and genuine practices, which are central to its core values. They specialize in providing fast, simple, and convenient cash offers, emphasizing a consultative approach to the home-selling process. Founded by Dave Brown, Sell Now Homebuyers is a veteran-owned company and part of Veterans Investing, LLC.

Locations: New York, Connecticut, and New Jersey

Closing costs: Sellers pay no closing costs. Sell Now Homebuyers covers them.

Simple Sale (a HomeLight platform)

Simple Sale, a solution from HomeLight, is an online platform where sellers in Long Island (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Long Island.

With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours, and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.

Locations: Nationwide, including Long Island

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Suffolk County House Buyers

Suffolk County House Buyers is a family-owned real estate solutions company located in Long Island that specializes in helping local homeowners navigate challenging situations, such as foreclosure, property ownership challenges, divorce, and probate. Company founder Jeremiah Dalton has a deep passion for houses that began at a young age. He says his goal is to provide win-win solutions that allow homeowners to move forward with their lives while addressing their housing-related concerns. Suffolk County House Buyers offers practical solutions by presenting fair cash offers and collaborating with homeowners to meet their needs.

Locations: Suffolk County, including Long Island

Closing costs: Sellers pay no closing costs. Suffolk County House Buyers covers them.

CoMax Properties

CoMax Properties is a family-run house-buying company in Lynbrook, New York. Established in 2013 by owner Joe Cordes, the company strives to provide Long Island residents with a convenient and stress-free alternative for selling their homes quickly and for cash. The company’s approach eliminates the typical challenges associated with selling a house, such as dealing with Realtors, appraisers, home inspectors, buyers, lawyers, and banks. CoMax Properties offers a streamlined and hassle-free process that removes uncertainty, reduces waiting time, and minimizes stress, providing homeowners with a smoother and more efficient way to sell their homes.

Locations: Nassau County, including Long Island

Closing costs: Sellers pay no closing costs. CoMax Properties covers them.

We Buy Long Island Homes Fast

We Buy Long Island Homes Fast is owned by Mike Plactere, who has worked to earn a reputation of being an honest home buyer in Long Island. He offers quick closings — often within 14 days — or provides a flexible timeline that fits a seller’s needs. We Buy Long Island Homes Fast purchases homes as-is, eliminating the need for repairs or cleaning. The company focuses on aiding homeowners in difficult situations such as foreclosure, burdensome properties, or probate. The aim is to alleviate stress by finding solutions to property-related issues. Plactere says he treats his clients as friends and aims to create a mutually beneficial transaction. Sellers can fill out a form to explore how “the honest home buyer” can help with problem properties.

Locations: Long Island

Closing costs: Sellers pay no closing costs. We Buy Long Island Homes Fast covers them.

Why sell your Long Island house for cash?

There are plenty of valid reasons a Long Island home seller may choose to work with a Cash-For-Homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.

In Long Island, it typically takes around 83 days to sell a home on the market using an agent. That includes an average of 40 days on the market to get a contract, plus the typical 43 days a buyer needs to close on a purchase loan.

Compare that to the typical seven to 10 days promised by many house-buying companies in Long Island, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.

Let’s take a quick look at some common scenarios that might prompt Long Island homeowners to choose a We Buy Houses for Cash company.

  • Aging infrastructure: Your home might be grappling with typical Long Island issues, like mold from humidity or structural concerns from old construction.
  • Urgent life changes: Whether it’s a sudden divorce, pressing medical need, job shift, or another immediate life transition, you might require a quick sale.
  • Lack of funds for repair: You might not have the financial capacity or inclination to invest in necessary home fixes.
  • Avoiding sales hassle: Evading the stress and labor of preparing a home, orchestrating showings, haggling, or navigating a drawn-out sale process can be a relief.
  • Seeking discreet sales: If privacy matters, selling off-market to a cash buyer might be what you need.
  • Foreclosure looming: Selling fast to settle debts with lenders might be your best option before things escalate and damage your credit further.
  • Dealing with inheritance: Inheriting a property can be burdensome, and a quick sale can alleviate this weight.
  • Landlord fatigue: Perhaps you’re weary of managing a rental or want to free yourself from a troublesome tenant.
  • Preparing for senior living: Aging might lead you or a family member to move in with relatives or to assisted living, and selling the house becomes imperative for smooth transitions.
  • Living out-of-state: Being far away can make the traditional selling process cumbersome, making the swift cash sale route attractive.

Facing any of the above situations might make you lean toward a cash offer. Yet, an informed choice includes understanding both the benefits and the drawbacks, and knowing what other options might be available.

Pros and cons of house-buying companies in Long Island

Making decisions about your home can be both exciting and stressful, with each option presenting its unique set of advantages and challenges. To help, we’ve detailed the primary pros and cons of working with house-buying companies in Long Island.


For many Long Island homeowners, speed is of the essence, and the idea of bypassing repairs or prep work is incredibly appealing. At their core, house-buying companies offer quick, hassle-free solutions. Here’s a look at the key benefits:

  • Fast sales: The promise of selling your home in mere days or weeks, as opposed to months, is often the biggest draw.
  • No need for repairs: These companies purchase properties as-is, eliminating the need for you to invest in costly renovations or fixes.
  • No prepping, staging, or showings: Forget the hassle of decluttering, staging, or accommodating multiple home viewings; house-buying companies eliminate this step.
  • Easy, more certain transactions: Many of these companies provide a straightforward process with no contingencies, making the transaction less complex and essentially guaranteed.


While the benefits are enticing, it’s essential to be aware of the downsides. A significant negative factor to consider is the likelihood of receiving an offer below the market value, especially compared to a sale facilitated by an experienced real estate agent. Here’s a look at the key drawbacks:

  • Below-market offers: House-buying companies aim for profit, which typically means your offer may be below what you’d get in a competitive market.
  • Less negotiation power: With a take-it-or-leave-it approach, there’s usually little or no room to negotiate the offer price.
  • Potential for scams: Not all house-buying companies are reputable. It’s crucial to do thorough research to avoid falling victim to scams.
  • Risk of pressure tactics: While most Long Island house-buying companies have earned trustworthy reputations, there are unscrupulous players that apply pressure tactics to take advantage of your urgent situation.

Curious What Your Home Is Worth?

Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.

Vet cash buyers and know your home’s worth

If you’re considering a We Buy Houses for Cash company in Long Island, remember: your experience will greatly hinge on the character and professionalism of the individual or group behind the offer. The quality of service and integrity among these companies can be as diverse as the properties they buy.

Before committing to any cash offer, it’s imperative to dig deeper. Scour reviews, read genuine testimonials, and investigate the company’s market presence and performance. And once you’re handed that buying agreement, pore over it meticulously.

HomeLight suggests you consult with an experienced Long Island agent to get a better idea of what your home might be worth if sold on the open market. Then compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.

Your home is a significant asset, and ensuring you’re in trusted hands can make all the difference in your selling journey.

Other options to sell your home quickly


Instant buyers, commonly known as iBuyers, employ automated valuation models (AVMs) to provide rapid home value estimates. Established in the mid-2010s, they present mostly online, user-friendly experiences. They offer cash usually closer to market value for homes in good condition and can close deals within days to two weeks.

However, companies like Opendoor and Offerpad typically charge 5%-6% service fees. They’re ideal for homes in uniform housing areas that are well-maintained.

Listing with an agent

While it might seem unconventional to include real estate agents here, they can facilitate quick sales in seller-friendly markets. With the right pricing and marketing strategy, our data shows that top-tier agents often secure prices up to 10% higher than average agents.

A trusted Long Island agent can offer valuable insights through a comparative market analysis (CMA), helping you gauge your home’s worth relative to recently sold properties. This analysis can inform your listing price and predict sale speed. Many agents offer CMAs for free, allowing you to make an informed decision, whether you choose to sell to a house-buying company or not.

In addition, knowledgeable agents might link you with cash buyers offering close to market value. Interested? HomeLight can connect you to a top agent in your Long Island area.

FAQs on Long Islandhouse-buying companies

We Buy Houses for Cash in Long Island vs. top Long Island agent

Another helpful exercise is to compare how a Long Island We Buy Houses for Cash company might stack up against working with a local real estate agent. Let’s take a glance at how different aspects of the sale might look, and compare possible proceeds.

Aspect of the sale Sell to a We Buy Houses for Cash company in Long Island Sell with a top Realtor in Long Island
Selling timeline 7 to 30 days 83 days average; 40 to attract an offer, 43 to close the loan
Home preparations None Deep clean, declutter, make necessary repairs, landscape, stage home
Showings None 10 to 25 showings average
Inspections / repairs None May need to make additional repairs for the buyer or renegotiate the price
Appraisal None May need to lower your asking price if the appraisal comes in low
Title search Cash-for-homes companies often handle title issues Must clear title before you can sell home
Financing contingency None Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear
Agent commission None 5.8% average
Closing costs None 1% to 3% of the home sale price on top of agent commission

Example net proceeds

Below, we’ve put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.

Let’s say your home in Long Island is currently worth about $595,000 and needs about $50,000 in repairs. Once the repairs are completed, the home might be worth around $645,000.

Sell to a We Buy Houses for Cash company in Long Island Sell with a top Realtor in Long Island
Estimated sale price ($645,000 x .70) – $50,000 = $401,500 $595,000
Market preparations 0 $5,950 (1% of sale price)
Agent commissions 0 $34,510 (5.8% of sale price)
Closing costs 0 $8,925 (1.5%)
Estimated take-home for seller $401,500 $545,615

As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.

However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.

Key takeaways

  • Near-instant offers: Cash-for-homes companies in Long Island provide a fast solution, especially for properties that need some TLC.
  • Less than market value: While convenient, expect offers to be below the market value compared to traditional selling routes.
  • Due diligence is vital: Before committing, research the company’s reputation and understand the buying agreement in detail.
  • Other selling avenues: Don’t forget alternative methods like iBuyers or traditional agents who can offer diverse sale experiences.
  • Knowledge is power: Consult a top Long Island agent to understand market dynamics and potential sale value.

In the ever-evolving world of real estate, the choices you make can significantly impact your financial future. If you’re pondering a Long Island Cash-For-Homes company, it’s wise to solicit multiple offers and deliberate over each option before finalizing.

At HomeLight, we’re here to assist you with your real estate needs, whether you’re looking for a no-obligation cash offer or seeking to consult with a top Long Island agent to help you sell your property quickly and at the best price. Let us help you make an informed and confident decision.

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