From first call to cash in hand. Three steps.

Most sellers who call us have never sold a house to a cash buyer before, and the process is simpler than they expect and more transparent than they fear. This page walks through exactly what happens from the first call to the closing table, how we arrive at the number on your offer letter, and what is different about closing in New York versus New Jersey. If anything here does not match what another buyer told you, ask us about it. The math is the same for everyone.

Step one: you tell us about the house

Call (516) 964-7222 or fill out the short form on any page of this site. We ask for the address, whether anyone is living there, and whatever you know about the condition. You do not need to know the square footage, the year the roof was done, or what the neighbor’s house sold for. Nick York or a member of our team calls you back the same business day, usually within a couple of hours, to hear the situation and set up a visit. That call is a conversation, not a pitch. If the house is a co-op, or you are in a spot where listing with an agent would clearly net you more, we will tell you on that call.

Step two: one visit, then a written offer within 24 hours

We walk the property once, at a time that works for you and, if it is occupied, for the tenant. The visit takes twenty to forty minutes. We look at the roof, the boiler, the electrical panel, the basement, the layout against the certificate of occupancy, and whatever you point out. We take notes and photos. We do not bring a contract to the walkthrough and we do not ask you to sign anything on the spot.

Within 24 hours you receive a written offer by email, with the math shown. It holds for seven days. Take it to your family, your attorney, your accountant, or a competing buyer. Offers built on real numbers do not need a deadline to work, and a buyer who pressures you to decide at the kitchen table is telling you something about the offer.

How the offer is calculated

Every cash offer in this business comes from the same formula, whether or not the buyer shows it to you. We show it.

• After repair value. What the house would sell for on the open market once it is in top condition, based on recent sales of similar houses on the surrounding blocks. Not the highest sale in the neighborhood, the ones that actually compare.
• Minus repairs. A line item list: roof, systems, kitchen, baths, cleanout, anything the walkthrough turned up. We use real contractor pricing, not padded estimates.
• Minus holding costs. Taxes, insurance, utilities, and financing for the months we own the house while the work is done and it is resold.
• Minus closing costs on both ends. Transfer taxes, title, attorneys, and the commission we will pay when we eventually sell.
• Minus our margin. The profit that makes the purchase worth doing. It is a percentage of the after repair value, and we will tell you what it is.

What remains is your offer. A worked example: a two family in Queens that would sell for $850,000 renovated, needing $120,000 of work, with $30,000 in holding costs, $55,000 in combined closing costs, and a margin of $85,000, produces an offer of $560,000. Every one of those numbers appears on the letter. If you think the repair figure is high, bring in your own contractor and we will look at the estimate. We covered the full comparison against a listing, commission and all, in our guide to cash buyer versus realtor money math, and the offer formula itself in how a fair cash offer is calculated.

What we do not ask you to do

No repairs. No cleanout; take what matters and leave the rest. No showings, no open houses, no staging. No appraisal, because there is no lender. No inspection contingency that turns into a renegotiation a week before closing. No commissions or listing fees, and we cover the standard closing costs on our side. If the house has tenants in place, they stay through closing and become our responsibility. If it has open violations or tax liens, they are line items in the offer and get resolved through closing, not by you beforehand.

Step three: contract, title, and closing

Once you accept, the contract is prepared by attorneys and signed at your attorney’s office or by exchange between counsel. In New York, every sale closes through attorneys on both sides; if you do not have one, we can suggest a few, but you choose. The title company runs the searches: liens, judgments, violations, open permits, and anything else recorded against the property. That is where the payoff letters for a mortgage, a tax lien, or an ECB judgment get ordered, and our attorneys handle the requests.

Closing happens at your attorney’s office, on a date you pick. The purchase money is wired to the attorney’s escrow account before the table, the deed is signed and recorded, and you leave with the proceeds. Nobody at EZ Home Buyers will ever ask you to sign a deed, a power of attorney, or any transfer document outside of that closing. That is the line between a legitimate cash sale and the deed theft schemes that target homeowners in Queens, Brooklyn, and the Bronx, and we hold to it on every purchase.

How long it takes

• Day 0: you call or submit the form. Same business day callback.
• Day 1 to 3: walkthrough.
• Within 24 hours of the visit: written offer, held for seven days.
• Week 1 to 2 after acceptance: contract signed, title ordered.
• Week 2 to 4: title clear, closing scheduled at your attorney’s office.

Two to four weeks from acceptance to closing is typical. If you need longer, because an estate is still in probate, because you are lining up the next place, or because a tenant needs time, the closing date moves to your schedule. If you need faster, because an auction date is on the calendar, read how we stopped a foreclosure auction in 11 days and call the same day.

New York versus New Jersey

The formula is the same on both sides of the river. The closing mechanics differ. In New York, attorneys handle the entire transaction and the closing is an in person meeting at an attorney’s office. In New Jersey, attorneys review the contract during a three day review period, then a title company typically runs the closing, and nonresident sellers, including most estates with heirs out of state, have an estimated income tax withheld at the table. We explained that in our guide to the New Jersey exit tax. Foreclosure timelines, tenant rules, and inheritance paperwork also differ, and each of our New Jersey, Queens, Long Island, Westchester, Bronx, and Staten Island pages covers the local version.

Questions sellers ask at this point

Is the offer negotiable? The math is open. If you can show us a repair number or a comparable sale we missed, the offer changes. What does not happen is a low first number followed by a real one; the first number is the real one.

What if I accept and then change my mind? Before the contract is signed, nothing binds you. After it is signed, the contract terms govern, the same as any sale. We do not use option periods, assignment clauses, or wholesale contracts that let a buyer walk away or resell your contract to someone else.

Do you buy houses with a mortgage still on them? Yes. The mortgage is paid from the proceeds at closing, like any sale. Same for a home equity line, a reverse mortgage, or a tax lien.

Do you resell the contract to another investor? No. We buy the house ourselves, with our own funds, and we own it after closing. If a buyer cannot answer that question with a plain no, ask who is actually buying your house.

What if the house is worth less than what I owe? Then we talk about a short sale with your lender, which takes longer but usually beats letting a foreclosure finish. We will tell you honestly if that is where you are.

If that all sounds like what you expected, you are in the right place. If it sounds too simple, call and ask the hard questions; every seller we have closed with started out skeptical, and the offer letter is where that ends. Call (516) 964-7222, email info@ezhomebuyers.com, or use the form on this page.