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Straight answers for New Jersey sellers
The questions we actually get on first calls, grouped by what people worry about. If yours isn't here, call (973) 520-0243 and ask.
The offer
How the number is built and whether it holds.
Will the offer change after you see the house?
We write the offer after the walkthrough, not before, so there's nothing to revise. The number in the written offer is the number at closing unless something material shows up in title that you didn't know about either.
Can I negotiate?
Yes. If you have a contractor's quote that's lower than our repair estimate, or comparable sales we missed, show us. We'd rather adjust than lose a house over a number we can defend.
Does the offer expire?
Not at midnight. Market conditions and the house's condition can change over months, so we'll confirm it's still good if you come back later, but there are no “sign today or lose it” tactics.
Is there any cost or obligation to get an offer?
None. The offer is free, in writing, and yours to walk away from or show to anyone.
Timing and condition
How fast, and what you have to do first.
How fast can you really close on a house in NJ?
Seven days is realistic when title is clean and the town's certificate requirements are simple. Most sellers choose two to four weeks so they have time to move. If you're facing a sheriff sale, tell us the date and we work backward from it.
Do I have to clean out the house?
No. Take what you want and leave the rest: furniture, a full basement, a garage, a tenant's belongings after a legal move-out. Cleanout is built into our offer.
Do I need to make repairs or get inspections?
No repairs, no inspection contingency, no appraisal. If your town requires a certificate of occupancy, smoke and carbon monoxide certificate, or similar before a sale, we handle the town.
Do I need an attorney to sell my house in New Jersey?
Not legally, but most NJ sellers use one and we encourage it. The standard attorney review period is part of our contract.
Can I stay in the house for a while after closing?
Often, yes. A short post-closing occupancy agreement lets you get paid now and move on a date that works. Ask about it on the first call.
Difficult situations
Sheriff sales, tenants, liens, divorce.
Can you stop a sheriff sale in New Jersey?
Often. A signed contract and proof of funds can support a request to adjourn the sale, and we can close in days. The earlier you call, the more options exist.
Do you buy houses with tenants who won't leave?
Yes. We take over the lease and the tenant relationship at closing. You don't have to evict anyone, and we don't need the tenant to cooperate with a walkthrough.
What if I owe more than the house is worth?
Tell us early. Depending on your lender, a short sale may be possible and we've done them. If it isn't, we'll say so rather than tie up your house.
Do you buy houses with code violations, liens or open permits?
Yes. Liens are paid from the proceeds at closing. Violations and open permits become our problem after closing.
We're divorcing. Can you buy the house without a sign in the yard?
Yes. One visit, no listing, no showings, no neighbors asking. Proceeds are split at closing according to your agreement or court order.
About us
Who you're dealing with, and what happens to your information.
Are you a real estate agent?
No. We're the buyer. We don't list your house, charge a commission, or represent you. If listing is the better move for you, we'll say so and can point you to an agent.
Who actually shows up to my house?
Peter or a member of his team from the Totowa office. Not a contractor, not a “field inspector,” not someone from another state.
What happens to my information?
It stays with us. We don't sell leads, we don't list your house, and we don't share your situation with anyone but the title company and, if you have one, your attorney.
Money and closing
Who pays what, where it happens, and when you get paid.
Who pays closing costs?
We do. Title, settlement fees, recording, our attorney. You pay off any mortgage or liens from the proceeds and any transfer fee New Jersey assigns to sellers, which the title company calculates on the settlement statement.
Where does the closing happen?
At a New Jersey title company or your attorney's office, or remotely with a mobile notary if you're out of state or can't travel.
How and when do I get paid?
By wire or certified check on closing day, after documents are signed and recorded per NJ practice. Multiple owners or heirs are paid separately according to their shares.
What if I change my mind after signing?
During attorney review you can cancel for any reason. After that, talk to us. We've released sellers from contracts when life changed; we'd rather that than force a sale.
Still have a question?
Ask Peter directly. Ten minutes, no obligation.