Cash Buyers for Inherited Long Island Properties
No repairs required. No realtor commissions. Clear timeline. Fair pricing.
When you inherit a property in Nassau or Suffolk County, you often inherit complications: probate court delays, disagreements among heirs, outdated homes needing costly repairs, and mounting carrying costs while the estate remains open.
We specialize in purchasing inherited Long Island properties during any stage of probate. Since 1999, we’ve helped over 250 executors and heirs resolve inherited property challenges through straightforward cash purchases.
No obligation. No pressure. Cash offer in 48 hours or less.
The Real Cost of Waiting
While Nassau County Surrogate's Court processes probate (12-16 months average), here is what you are paying out of pocket:
| Expense | Monthly Cost | Annual Cost |
|---|---|---|
| Property Taxes | $1,000 - $1,700 | $12,000 - $20,000 |
| Vacant Property Insurance | $200 - $400 | $2,400 - $4,800 |
| Utilities (heat/electric) | $150 - $300 | $1,800 - $3,600 |
| Lawn & Maintenance | $200 - $500 | $2,400 - $6,000 |
| Total Carrying Costs | $1,550 - $2,900 | $18,600 - $34,400 |
Six Inherited Property Challenges We Solve
Probate Court Delays
Nassau and Suffolk Surrogate's Courts require "Letters Testamentary" before you can sell an inherited house legally. This document takes 12-16 months to obtain.
Traditional buyers won't wait. Most need to close within 30-60 days. By the time you get court approval, buyers have moved on.
We make offers during active probate. If you have approval, we close in 14 days. If not, we wait - your offer stays valid until your attorney obtains Letters Testamentary.
Properties Need Major Repairs
Inherited Long Island homes often have outdated systems. If you are trying to sell a damaged house, buyers typically demand $40,000-70,000 in concessions.
Most estates lack capital to fund repairs before listing. Even fire damaged properties are hard to sell traditionally.
We calculate repair costs into our offer. You receive cash for the property in current condition. We handle all updates after closing - you spend nothing.
Multiple Heirs Disagree
Three siblings inherit a property. One wants renovations. Another needs immediate cash. Situations like divorce or family disputes extend timelines by months.
Family arguments over repair budgets, listing prices, and timing create stress and delay the estate settlement process.
We make one cash offer to the estate. Your attorney and Surrogate's Court handle distribution per the will. Each heir receives their portion at closing.
Out-of-State Executors
You inherited a Long Island property but live in another state. Handling maintenance from 1,000+ miles away due to job relocation or living distance is impractical.
Every issue requires expensive flights back or trusting contractors you've never met to handle repairs remotely.
Complete transaction handled remotely. Phone consultation, photo evaluation, email offer, remote document signing. Sale proceeds wire to your account.
Tax Liens and Estate Debts
You discover $15,000+ in unpaid taxes. You need to stop foreclosure or clear liens, but the estate lacks liquid assets.
This creates a financial catch-22: can't sell until liens are paid, can't pay liens until property sells.
We purchase properties with outstanding liens. The title company pays all debts directly from closing proceeds. We handle judgment liens and arrears.
Properties With Tenants
You inherited a rental property with existing tenants. You don't want to become a landlord, but traditional buyers won't purchase occupied properties.
Eviction requires legal fees, court appearances, and months of delays while you continue paying property taxes.
We buy properties with tenants in place. We assume lease agreements and landlord responsibilities. No evictions required.
Our Process: Three Simple Steps
Contact Us
15 MinutesCall 516-605-3001 or complete the form below. We discuss:
- Property location and condition
- Current probate status
- Number of heirs and any disagreements
- Outstanding liens or debts
- Your ideal timeline
Evaluation & Offer
Within 48 HoursWe evaluate through:
- Option A: Brief property walkthrough (15-20 minutes)
- Option B: Remote evaluation using photos you provide
You receive detailed written offer showing:
- Offer amount based on comparable inherited property sales
- Calculation breakdown (comparable sales minus repair costs)
- Proposed closing timeline based on your probate status
Closing
7-60 DaysIf you have Letters Testamentary: Close within 14 days.
If probate pending: We wait while your attorney obtains court approval. Offer remains valid.
How We Calculate Cash Offers
We believe in complete transparency. No hidden fees, no magic numbers.
Here represents a real example of our math.
Compare: Traditional Sale Net Proceeds
Traditional Sale vs. Cash Sale
See why homeowners choose our cash offer over the stress of listing with an agent.
| Factor | Traditional Listing | Selling to Us |
|---|---|---|
| Time to closing | ✘ 8-14 months | ✔ 3-6 weeks |
| Upfront repair costs | ✘ $30,000-70,000 | ✔ $0 |
| Transaction failure rate | ✘ 35-40% fail | ✔ 0% - we're cash buyers |
| Who handles debts | ✘ Must clear before listing | ✔ Paid from closing proceeds |
| Commission & fees | ✘ 8-9% total | ✔ 0% commission |
| Property cleanout | ✘ Required before listing | ✔ Included after closing |
| Repairs needed | ✘ Updates required | ✔ None - bought as-is |
| Family consensus | ✘ Often causes delays | ✔ Executor decides |
About Our Business
We're a local, family-owned business specializing in purchasing inherited properties directly from executors and heirs across Long Island.
Established in 1999, we've helped numerous Long Island families resolve inherited property challenges through fair cash offers and simplified closing processes.
What We Offer:
- Direct purchase in any condition
- As-is transactions (no repairs)
- Fair pricing based on comps
- Timelines tied to probate schedules
- Experience with family dynamics
- Understanding of carrying costs
We Handle:
- Properties needing extensive repairs
- Estates with multiple heirs
- Outstanding liens or debts
- Approved and pending probate
Areas We Serving In
Explore list of area in which we are providing our trusted and professional fast house cash selling services.
Suffolk County NY
We are proudly offering our house cash selling services in the whole area of Suffolk county NY .
Nassau County NY
We are proudly offering our house cash selling services in the whole area of Nassau county NY .
Queens County NY
We are proudly offering our house cash selling services in the whole area of Queens county NY .
Brooklyn County NY
We are proudly offering our house cash selling services in the whole area of Brooklyn county NY .
What Long Island Homeowners Say
Google Rating
"We needed to sell our home quickly for a work related move. Our biggest fear was having to sell at a discount. Luckily the team got us top dollar, and closed in 7 days. Highly recommended."
"I was skeptical, but they made the process so easy. Got a good price, and everything went smoothly."
"Selling my house was never easier. 123 We Buy House was transparent, fair, and quick. Would definitely recommend."
"I needed to sell fast and 123 We Buy House made it happen. Great experience."
"The team was professional and responsive. 123 We Buy House made selling my home so simple. I didn’t have to worry about anything."
"Amazing service! I sold my house to 123 We Buy House, and it was such a stress-free experience. They handled everything."
Frequently Asked Questions
Can we sell before probate closes in Nassau County?
A: Yes, with Surrogate’s Court approval. Your estate attorney files a “Petition for Authority to Sell Real Property” at Nassau Surrogate’s Court (262 Old Country Road, Mineola).
The petition demonstrates that immediate sale benefits the estate by preventing losses, preserving value, or stopping tax accumulation. We provide the written offer your attorney needs. Courts typically approve within 3-6 weeks when financial necessity is demonstrated.
Q. How do you handle homes with code violations?
A: We purchase properties with open violations from Town Building Departments. Common violations: unpermitted additions, expired Certificates of Occupancy, structural issues, electrical/plumbing code compliance.
We factor remediation costs into our offer and handle all corrections after closing. You’re not responsible for bringing anything up to code.
Q: What if heirs disagree on accepting your offer?
A: We make offers to the estate, not individual heirs. The executor has legal authority to accept or reject on behalf of the estate.
If accepted, Nassau or Suffolk Surrogate’s Court reviews the transaction for fairness, then approves distribution of proceeds per the will. Each heir receives their portion at closing according to court order.
Q: Do we need to empty the house before closing?
A: No, we purchase properties with all contents included.
After closing, we handle complete cleanout: furniture, personal belongings, basement/attic items, appliances, yard equipment. We donate usable items and dispose of the rest. You don’t sort, pack, or coordinate removal.
Q: How do unpaid property taxes get handled?
A: Unpaid property taxes create liens recorded with Nassau or Suffolk County. At closing, the title company pays all outstanding taxes directly from sale proceeds before distributions.
Your Town Tax Receiver provides exact payoff amount. The title company coordinates payment. You don’t provide upfront funds – taxes automatically clear from closing proceeds.
Q: What if we're not sure about your offer amount?
A: Compare our offer to traditional sale net proceeds:
1. Get realtor’s opinion of market value
2. Subtract 6% commission
3. Subtract 2-3% seller closing costs
4. Subtract estimated repairs to make it marketable
5. Subtract 12 months carrying costs
6. Compare this net to our offer
We’re typically within $10,000-20,000 of traditional sale net proceeds, delivered in 3-6 weeks instead of 12+ months.
Q. Are you going to lowball me?
A: Our offers reflect the reality of buying a house that needs work in the current Long Island market.
We’re not offering retail market value because we’re not retail buyers. We’re taking on renovation risk, holding costs, and resale uncertainty.
That said, we’re not here to rip anyone off. Our offers are based on real numbers and fair math.
If you think you can get significantly more by listing traditionally, we’ll be honest about that.
Get Start With Us
It’s time to take control of your home sale. If you’re ready to skip the delays and get a fair cash offer for your Long Island house, we’re ready to help. Contact 123WeBuyHouse today and get started with a process designed around speed, simplicity, and honesty. We’ll review your property and get back to you quickly — with no fees, no obligations, and no pressure. Close on your schedule and move forward with peace of mind. Let’s get started now and make it happen together.
About 123 We Buy House
26 Years Experience
Serving Long Island since 1999
250+ Properties
Purchased from executors and heirs
Licensed & Insured
Legitimate NY real estate business
20+ Attorney Network
Regular work with estate attorneys
Local Team
Live and work on Long Island
Transparent Process
Written offers with calculations